U.S. President Donald Trump will allow a bipartisan sanctions bill targeting countries including China and India for doing business with Russia and banking Putin's war efforts in Ukraine

According to Republican Senator Lindsey Graham, US President Donald Trump has backed the Russia sanctions bill, which could impose tariffs up to 500% on countries buying Russian oil. Analysts weigh in on potential impacts on gold,

After Trump gave his approval to a sweeping bipartisan sanctions bill targeting Moscow, questions are mounting over whether India could soon find itself facing an unprecedented trade penalty.

Will India face 500% tariffs from the US soon? It’s a question that’s on the mind of everyone after US Senator Lindsey Graham said that President Dona.

Sanctions restricted Russian oil exports to Europe. Russia redirected oil to new buyers. Global supply chains shifted rapidly. Energy prices increased across markets. The US increased exports to Europe.

The bill proposes sanctions on financial institutions engaged in dealings with Russian entities and heavy tariffs for purchase of Moscow's oil and uranium

The US on Wednesday confirmed that it has seized two sanctioned oil tankers linked to Venezuela in the North Atlantic and the Caribbean