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Mon ยท 24 Aug 2026

US Senate Passes Russia Sanctions Bill With Secondary Tariffs on Key Crude Buyers

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US Senate Passes Russia Sanctions Bill With Secondary Tariffs on Key Crude Buyers

๐Ÿ›๏ธ SENATE โ€” 86-11 vote isn't about Russia โ€” China and India are in the crosshairs. ๐Ÿ“Œ LOOK CLOSER: The 100% tariff on top Russian crude buyers hits China and India โ€” 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.

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