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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 Indias imports of Russian oil? How could this impact Indias economy? Is there any provision for a waiver of tariffs?

20 Sep 2026 1:35 am