🇺🇸BREAKING: US senators say they've struck a deal with Trump on an updated Russia sanctions bill, and India is one of the countries most exposed to what comes next.

Here's the mechanism. A bipartisan group of Republicans Lindsey Graham and Roger Wicker alongside Democrats Richard Blumenthal and Jeanne Shaheen, announced today they've agreed on updated language with the Trump administration to move the legislation forward. They haven't released the actual terms yet.
An earlier version of this same bill, introduced back in January, proposed tariffs of up to 500% on any country still buying Russian oil, gas, or uranium. India bought roughly 38% of Russia's oil exports last year. China took nearly half. Both countries have kept buying throughout the war, even as Washington and Europe sanctioned Russia's energy sector directly.
This deal comes as Trump has grown visibly frustrated watching Moscow drag out ceasefire talks with Ukraine. At the G7 summit in France back in June, he told Russia to "make a deal" and floated restoring sanctions that had been temporarily waived.
Nobody knows yet how close the updated bill sticks to that 500% number. But the direction is clear.
Washington is done asking nicely, and the countries still buying Russian energy are about to find out how expensive that patience actually costs.