Updated US Senate Russia Sanctions Bill Eases Tariffs on Russian Energy Buyers

14 Jul 2026 19:00Energy RUB Russia US Bonds US Indexes USD
  • Updated Senate Russia sanctions bill negotiated with the Trump administration has been released
  • Maximum tariffs on the five largest buyers of Russian oil and gas reduced to 100% from the previously proposed 500%
  • Bill eases tariffs that could be imposed on buyers of Russian oil and gas
  • President would be able to waive sanctions if deemed in the U.S. national interest
  • Exemptions available for countries importing less than 15% of Russia's natural gas exports and taking significant steps to reduce those imports