United States President Donald Trump said that he is "okay" with the legislation proposing sanctions against countries trading with Russia. Trump said that the Republicans
are working on legislation that will impose sanctions on any country doing business with Moscow, saying that Iran may get added to the list. When asked whether it was time for Congress to pass measures aimed at pressuring Russia and President Vladimir Putin, Trump said, “I hear they're doing that, and that’s okay with me.” "They're passing legislation... the Republicans are putting in legislation... very tough sanctioning... on any country doing business with Russia. They may add Iran to that... I suggested it,” the US President told reporters. “So any country that does business with Russia will be very severely sanctioned. We may add Iran to the formula,” Trump reiterated. According to a Bloomberg report, the US is planning a bill that would impose a 500 per cent tax on imports from countries buying Russian energy. This specifically targets major consumers of Russian energy, such as China and India, the report said. A bill introduced by Senator Lindsey Graham has proposed a 500 per cent tariff on secondary purchase and reselling of Russian oil. The proposal has near-unanimous backing in the Senate Foreign Relations Committee. Graham and Senator Richard Blumenthal have jointly introduced the Sanctioning Russia Act of 2025, which seeks to impose secondary tariffs and sanctions on “countries that continue to fund Putin’s barbaric war in Ukraine". The proposed legislation has 85 cosponsors in the Senate. The US has already imposed sanctions on India over New Delhi's Russian oil trade. In August 2025, the Trump administration had imposed an additional 25 per cent tariff on India, taking the total to 50 per cent, over Russian oil imports. While Washington had accused India of funding the Russian oil machinery, New Delhi had rejected the claims.
India's Spend on Russian Oil Buy at 2.5 Bn Euro in October
India, the second-biggest buyer of Russian oil, spent as much as 2.5 billion euro on purchases of crude oil from Moscow in October, ahead of new sanctions being slapped on Russian entities, a European think tank has said.
India's spending in October was unchanged from the 2.5 billion euro spent on buying Russian oil in September.
India remained the second-largest buyer of Russian fossil fuels in October behind China, according to the Centre for Research on Energy and Clean Air (CREA).
On October 22, the US imposed sanctions on Rosneft and Lukoil, two of the largest oil producers in Russia, to cut off the Kremlin's resources for funding the Ukraine war. The sanctions have resulted in companies like Reliance Industries, HPCL-Mittal Energy Ltd and Mangalore Refinery and Petrochemicals Ltd halting imports for now.
Russia shipped 60 million barrels of crude oil in October, with Rosneft and Lukoil together accounting for 45 million barrels.
