
The immediate backdrop is an active US–Israel military campaign against Iran that began with coordinated strikes in March 2026 and has produced a sustained regional security crisis involving air-defense engagements, maritime interdictions, and heightened diplomatic pressure across the Middle East.
Those strikes occurred against a longer-standing framework of US unilateral and multilateral sanctions regimes directed at Iran and Russia, and against a US legal and congressional practice of using tariffs and secondary sanctions as instruments of foreign policy.
The U.S. House of Representatives passed the Sanctioning Russia and Iran Act, giving the U.S. President authority to impose tariffs of up to 100% on India and other buyers of Russian oil and gas — and the bill has been sent to President Donald Trump for his signature (per thehindu.com).
New Delhi's Ministry of External Affairs said on September 17, 2026 that it has noted the passage, has raised the matter with U.S. interlocutors and is monitoring developments (per thehindu.com).
The MEA’s statement explicitly warned that the bill could have implications for the bilateral relationship and the international energy market, signaling Delhi’s concern over immediate economic and diplomatic fallout (per thehindu.com).
The text reported by The Hindu places the decision squarely in U.S. hands: the legislation authorises the president to levy tariffs up to 100% on specified imports from countries purchasing Russian hydrocarbons (per thehindu.com).
The MEA framed its response as diplomatic engagement — noting, raising the issue with interlocutors and monitoring — rather than promising retaliatory measures, which limits what New Delhi has publicly committed to at this stage (per thehindu.com).
With the bill now on the president’s desk, the immediate next steps are procedural: either signature by President Donald Trump or a veto; the MEA’s focus on discussions with U.S. interlocutors indicates New Delhi aims to resolve the matter through diplomacy before any tariffs are applied (per thehindu.com).
The passage also introduces a concrete trade risk for Indian energy buyers and for companies tied to Russia-India energy deals; if implemented, 100% tariffs would raise import costs sharply and reshape contractual incentives in energy procurement, which the MEA explicitly highlighted as a potential impact on the international energy market (per thehindu.com).