India warns new US tariffs over Russian oil could impact ties

New Delhi says it has ‘made clear’ its determination to ‘protect its trade and economic interests’.India has warned the United States that new measures to levy tariffs over the purchase of Russian oil could impact ⁠bilateral ties, hours after the US Congress approved a bill that would give President Donald Trump new abilities to punish buyers of Russian oil.The US House of Representatives on Wednesday passed a sweeping sanctions and tariff bill intended to increase economic pressure on Russia over its invasion of ⁠Ukraine.Recommended Stories list of 3 itemslist 1 of 3BRICS summit: What are the key takeaways?list 2 of 3BRICS meets in India: What’s on the agenda, why it matterslist 3 of 3How US Senate Russia sanctions could spell 100% tariffs for India, Chinaend of listThe bill targets Russia’s energy and defence sectors, President Vladimir Putin and other senior officials, as well as Moscow’s so-called shadow fleet of tankers used to circumvent Western sanctions.It also authorises President Donald Trump to impose stiff tariffs of up to 100 percent on countries, including India, to reduce their dependence on Russian oil and gas, and⁠ extend sanctions on Iran.The bill has been sent to Trump to sign into law.India’s foreign ministry said on Thursday that it “remains firmly committed to ensuring energy security for its 1.4 billion people”.The Indian foreign ministry said that it had noted the bill’s passage, adding that New Delhi had raised the issue with various US interlocutors in recent months, and had “very clearly articulated” the potential implications for the bilateral relationship and the international energy market.“The Indian side has also made clear its determination to take all necessary measures to protect its trade and economic interests,” it said in a statement.The government would work closely with trade and industry bodies to deal with the legislation’s implications, it added.