US advances new sanctions and tariff threats against Russia and its trading partners

The United States is moving forward with a new sanctions bill targeting Russia, which has received support from Trump. The bill includes measures to crack down on Russia's 'shadow fleet' of oil tankers and proposes imposing tariffs as high as 500% on countries like India and China if they continue to trade with Russia.

In response, Russia has condemned recent US seizures of its oil tankers as illegal. Other countries, including France and the UK, have also taken action by intercepting or seizing suspected Russian shadow fleet vessels. India has been specifically warned by Trump about facing higher tariffs over its purchases of Russian oil.

The bill, described by US Senator Lindsey Graham as 'never going back on the shelf,' aims to pressure Russia over the war in Ukraine. The US has also extended a deadline for the Russian oil company Lukoil to sell its foreign assets.