U.S. President Donald Trump signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, imposing 100% tariffs on Russian oil imports. The law targets the top five countries importing Russian oil, including China and India, and extends sanctions against Russian officials and energy sectors.
The legislation, passed by Congress with bipartisan support, expands sanctions on Russia and Iran, allowing Trump to impose tariffs on goods imported from countries purchasing Russian oil. The law also authorizes waivers for national interests and targets Moscow’s shadow fleet and military facilitators.
The bill faces criticism for granting Trump broad tariff powers without oversight, with Democratic officials concerned about its impact on international trade. Ukraine’s President Zelensky praised the measure as a symbolic step to end the war, while Russia’s Medvedev called for military deterrence in response to Western sanctions.