Relief For India, China As US Eases 500% Russian Oil Tariff Threat

Jul 15, 2026 - 09:00
Relief For India, China As US Eases 500% Russian Oil Tariff Threat

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The updated version also allows an exception for countries that import less than 15 per cent of Russia's natural gas exports and are taking significant steps to reduce those imports, which could exempt Japan, France, Hungary, and Belgium.

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