India may face fresh regulatory heat as a sanctions bill to curtail purchase of Russian oil gains momentum in the United States. Four senators said on Friday that they had reached agreement with the Trump administration to move forward with updated legislation — assuring that it would be unveiled “very soon”. Washington has waived several restrictions amid the Iran war and allowed purchases of Russian seaborne oil to aid “energy-vulnerable” countries last month. “As Russia intensifies its slaughter of civilians, it is imperative that the legislative and executive branches work together to create tools to exact a heavy price on those who buy Russian oil and natural gas, fueling the Putin war machine,” read a joint statement.