External Affairs Minister S. Jaishankar told US Secretary of State Marco Rubio at the UNGA that India has concerns over a new law authorising tariffs of up to 100% on Russian oil buyers.
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- External Affairs Minister S. Jaishankar met US Secretary of State Marco Rubio on 23 September 2026 on the sidelines of the 81st UN General Assembly in New York.
- Jaishankar said he reiterated India's interests and concerns regarding the Sanctioning Russia and Iran Act (SRIA).
- The two leaders also discussed the Gulf and Ukraine situations.
- US President Donald Trump signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 into law on 18 September after Congress passed it.
- The law authorises tariffs of up to 100% on major buyers of Russian oil and gas, a group that includes India and China.
- It also expands sanctions on Russia's petroleum and military sectors, banks and shadow fleet, and extends existing sanctions on Iran.
- The Ministry of External Affairs has said India will take all necessary steps to protect its economic interests and ensure energy security.
- The MEA maintains that India's energy sourcing is guided by national interest and domestic requirements for its 1.4 billion people.
- The Confederation of Indian Textile Industry has warned that added tariffs would hit MSME-dominated textile and apparel exports, for which the US is the largest market.
- Rubio said the two sides are building on the US-India strategic partnership and coordinating on regional priorities and upcoming multilateral efforts.
- The meeting comes as both countries work toward an interim trade deal, with further talks expected on the sidelines of the G20 Trade Ministers' meeting in Wisconsin.
Tags: SanctioningRussiaAndIranAct, IndiaUSRelations, EnergySecurity



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