New Delhi: US president Donald Trump is considering to greenlight a new bill imposing further sanctions on Russia and countries which engage in trade with Russia by purchasing its oil, gas, uranium and other exports. Senator Lindsey Graham has said in a statement that when he met Trump at the White House on Wednesday (January 7), the latter gave his approval to the bill, reported Associated Press.“This will be well-timed, as Ukraine is making concessions for peace and Putin is all talk, continuing to kill the innocent,” Graham said in a statement, referring to the Russian President Vladimir Putin.The bill which has been written by Graham and senator Richard Blumenthal enables the administration to impose tariffs and secondary sanctions on countries which purchase Russia’s oil, gas, uranium and other exports. The purpose behind the bill is to cut off the source of financing for Russia’s military actions.Graham stated that there could be a vote as early as next week, although at this point it’s unclear how likely that will be.If the bill is passed, one of the countries which could be impacted is India, which is already facing high tariffs from the US for its purchase of Russian oil.Ever since the start of the Ukraine war, India has imported Russian crude oil worth 144 billion euro, contributing to the Kremlin’s cumulative earnings from global oil sales since February 2022, which stands at a whopping 1 trillion euros. India is the second-largest purchaser of Russian oil after China, the European think tank Centre for Research on Energy and Clean Air (CREA) has said.China purchased Euro 210.3 billion worth of Russian oil, along with coal worth another Euro 42.7 billion and gas worth Euro 40.6 billion. China’s total buy since the start of the war till January 3, 2026, amounts to Euro 293.7 billion.India purchased Euro 162.5 billion worth of fossil fuels including Euro 143.88 billion worth of oil and Euro 18.18 billion worth of coal from Russia, said CREA.Till November last year, Russia accounted for around 35% of all crude oil that India imported but after the US imposed fresh sanctions on two of Russia’s leading oil exporters from November 22, 2025, Russia’s share in Indian oil purchases has dropped to less than 25% after the primary buyer, Reliance Industries, shunned Russian oil.