How will the U.S.’s Sanctioning Act affect India? | Explained

Why did the U.S. introduce the Lindsey O. Graham Sanctioning Russia and Iran Act, 2026? What does this new law say about tariffs? What particular condition impacts India’s imports of Russian oil? How could this impact India’s economy? Is there any provision for a waiver of tariffs?

Why did the U.S. introduce the Lindsey O. Graham Sanctioning Russia and Iran Act, 2026? What does this new law say about tariffs? What particular condition impacts India’s imports of Russian oil? How could this impact India’s economy? Is there any provision for a waiver of tariffs?

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