Saturday, 26 September 2026

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Economy

The 100% tariff threat is forcing India's rupee moment

H.R. 5334, the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, was signed into U.S. law on September 18, 2026 — giving the president authority to impose tariffs of up to 100% on the largest buyers of Russian oil and gas. What it means for India's rupee-settlement push.