U.S. President Donald Trump signed a bill authorizing up to 100% tariffs on Russian oil and gas imports, targeting India and others. The legislation, named after Sen. Lindsey Graham, aims to pressure Russia over its war in Ukraine. The bill was passed by the U.S. House 262-159 on Sept 16, 2026, and will go to Trump for his signature.
The bill authorizes tariffs on the top five largest Russian oil and gas importers, including India, and targets Russia’s energy and defense sectors. It also allows Trump to impose tariffs on countries facilitating Russian sanctions evasion. The legislation was approved after months of delay, with Congress giving its backing despite concerns over its broad powers.
The bill could impact U.S.-India trade relations as New Delhi continues to source Russian oil. India has emphasized its commitment to energy security through diversified sourcing, despite the potential sanctions. The legislation is part of broader efforts to cut off revenue financing Moscow’s war, with Ukraine and U.S. allies supporting the move.
The bill faces opposition from some Democrats, who are concerned about its sweeping powers and potential impact on U.S. allies. The legislation allows Trump to waive sanctions in the national interest, raising questions about its implications for international relations and energy markets.