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Verilumia

The Daily Verified Briefing

Markets

Senate Passes Bill for Trump to Tariff Russian Oil Buyers

Published 9 August 2026

The U.S. Senate has passed legislation that would grant President Donald Trump the authority to impose tariffs of up to 100 percent on goods from countries that are among the top five importers of Russian oil and gas. The bill, formally named the Lindsey O.

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