60 US Senators Back Bill for 100% Tariffs on Buyers of Russian Oil
A new bill introduced in the U.S. Senate has intensified global attention by proposing tariffs of up to 100% on countries that continue purchasing Russian oil and natural gas. The Sanctioning Russia Act of 2026 has already gained the backing of around 60 U.S. senators, along with support from President Donald Trump. Senate Majority Leader John Thune is among its key supporters, increasing the likelihood that the legislation could be passed before Congress breaks for its August recess.
The proposed law would authorize the U.S. administration to impose tariffs of as much as 100% on the five largest importers of Russian crude oil or natural gas. According to the bill’s supporters, the objective is to reduce Russia’s energy revenues, which they argue continue to fund Moscow’s military operations. The countries expected to be most affected include China, India, Slovakia, Hungary, and Azerbaijan, all of which have maintained significant purchases of Russian energy despite Western sanctions.
The legislation also includes limited exemptions. Countries importing less than 15% of Russia’s natural gas exports while actively reducing their dependence on Russian supplies could avoid the tariffs. The U.S. Trade Representative (USTR) would review the list of the top five buyers every 180 days, allowing tariff rates to be adjusted based on changing import patterns. Additionally, the bill gives the U.S. president authority to temporarily waive tariffs if doing so serves American national interests, provided Congress is formally notified with a justification.
India is expected to face significant challenges if the bill becomes law. According to the Centre for Research on Energy and Clean Air (CREA), India’s imports of Russian crude oil rose by 34% in June, reaching an estimated value of €4.5 billion, making it the world’s second-largest buyer after China. Discounted Russian oil has helped Indian refiners lower costs and maintain stable domestic fuel supplies.
The 2026 proposal is less severe than an earlier version introduced in 2025, which had suggested tariffs of up to 500% on a wider range of countries. Lawmakers narrowed the scope and reduced the maximum tariff in an effort to gain broader political support while retaining pressure on Russia’s energy exports.
Supporters believe the bill will weaken Russia’s financial resources and strengthen international sanctions. However, critics warn that imposing tariffs on major trading partners could strain diplomatic relations, disrupt global energy markets, and force countries like India to make difficult decisions between energy security, economic interests, and strategic ties with both Washington and Moscow.