US Congress reportedly authorizes tariffs on Russian energy buyers

Financial Express reports that US Congress has authorized tariffs on Russian energy buyers, putting India’s access to Russian crude at risk. Arpit Chandna, an energy expert at the London Stock Exchange Group, told Sputnik India that Russian crude had provided significant cost advantages through discounts and that replacing it could raise India’s import bill. He described a trade-off between maintaining supplies that support energy security and facing US tariff risks.