The revised bill caps tariffs on the five largest buyers of Russian oil and natural gas at 100 per cent, significantly lower than the blanket 500 per cent tariff proposed in the earlier version.US senators introduced a revised Russia sanctions bill that eases the proposed tariff provisions targeting China, India and other major buyers of Russian oil and gas. The legislation, originally pushed by the late Senator Lindsey Graham, retains sanctions against Russian officials while seeking to pressure key importers to reduce their dependence on Moscow’s energy exports, Reuters reported.The revised bill caps tariffs on the five largest buyers of Russian oil and natural gas at 100 per cent, significantly lower than the blanket 500 per cent tariff proposed in the earlier version.It also includes an exemption for countries that import less than 15% of Russia’s natural gas exports and are taking substantial steps to reduce those imports, a provision that could benefit Japan, France, Hungary and Belgium.According to congressional aides, the five biggest purchasers of Russian crude are China, India, Slovakia, Hungary and Azerbaijan, while the largest importers of Russian natural gas are China, France, Japan, Hungary and Belgium.Stay updated with the latest - Click here to follow us on InstagramTags:US