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Trump, US senators agree on tougher sanctions targeting Russian oil buyers

By India Today World · 2026-07-11
Trump, US senators agree on tougher sanctions targeting Russian oil buyers

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Why it matters: Russia's oil exports sustain its war funding, and this bipartisan deal gives Trump new statutory tools to sanction the countries still buying Russian energy. But the bill lands at an awkward moment: the US let a seaborne-oil license expire last month while Iran strikes are pushing oil prices higher, layering fresh sanctions on top of a tightening energy market.

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