US Senate's Revised Russia Sanctions Bill Cuts Threat From 500% to 100%, Adds Waivers
Congress has asked Commerce Minister Piyush Goyal to clarify the Centre's response after the revised "Sanctioning Russia Act" was unveiled following the death of its original sponsor, Senator Lindsey Graham. Analysts say the bill's repeated dilution - from a near-universal 500% threat to a targeted, waiver-enabled 100% version - reflects Washington adjusting its sanctions rhetoric to the reality that India's Russian crude…