Financial Ports

Trump slaps 100% tariffs on Russian oil buyers—China hits back

CLAVE 1 / 4100% tariffs can now be imposed on goods from major buyers of Russian oil and gas.

CLAVE 2 / 4The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 expands sanctions against Moscow and extends measures against Tehran.

CLAVE 3 / 4China’s Ministry of Commerce opposes unilateral sanctions and reserves the right to protect its companies.

CLAVE 4 / 4India and China are the dominant destinations for Russian crude, putting them in the crosshairs.

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