Breaking: President Trump signs bill authorizing tariffs of up to 100% on countries purchasing Russian oil

President Trump's signed bill authorizing tariffs up to 100% on countries purchasing Russian oil materially raises geopolitical and supply-chain risk in energy markets. The measure could reduce effective Russian barrels reaching global demand centers, tighten supply availability, and amplify price volatility and inflation pass-through. The news is most directly relevant for crude benchmarks and related risk assets sensitive to energy-driven macro conditions.