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U.S. Congress sanctions
- U.S. Congress passed the Sanctioning Russia and Iran Act, authorizing up to 100% tariffs on top Russian energy importers.
- The bill targets nations continuing to buy Russian crude or gas, specifically China and India.
- Chinese foreign ministry spokesman Guo Jiakun said Beijing opposes long-arm jurisdiction without UN Security Council authorization.
- India’s Ministry of External Affairs said it is monitoring the act, raised concerns, and affirmed energy security for 1.4 billion people.
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