What's proposed: The US Sanctioning Russia and Iran Act (SRIA) authorizes tariffs up to 100% on countries buying Russian oil, directly targeting India.
How it affects you: Higher energy costs could hit Indian wallets, as Russia supplies about 40% of India's crude imports.
Where it stands: External Affairs Minister S. Jaishankar raised India's concerns directly with US Secretary of State Marco Rubio at the UN, seeking exemptions or...