How US Senate Russia sanctions could spell 100% tariffs for India, China

A sweeping package of new Russian sanctions has cleared its first hurdle in the United States Congress, and, if passed, could trigger huge tariffs for countries such as India and China which continue to buy oil from Moscow.

The bill, which was advanced in the US Senate this week, has been named for the late Lindsey Graham, whose funeral was attended by world leaders including Israeli Prime Minis...