US Senate Passes Russia Sanctions Bill With Secondary Tariffs on Key Crude Buyers
🏛️ SENATE — 86-11 vote isn't about Russia — China and India are in the crosshairs. 📌 LOOK CLOSER: The 100% tariff on top Russian crude buyers hits China and India — both hedging Hormuz through discounted Russian oil. Beijing faces a binary: cut Russian ties or absorb tariffs. It also tightens the Iran squeeze: Russian financial networks overlap with IRGC sanctions evasion routes. Iran's financial exits narrow as Oman talks stall.
