United States President Donald Trump signed into law a major bipartisan sanctions package aimed at severely curtailing Russian energy revenue and curbing its military capabilities in Ukraine.
Formally designated the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, the legislation passed both chambers of Congress with broad support following extensive negotiations before the sponsor's death. The newly enacted statute authorizes secondary sanctions on foreign financial institutions and targets the shadow fleet of oil tankers facilitating Russian maritime trade. Crucially, the measure equips the president with discretionary authority to impose tariffs of up to 100 percent on goods from countries that remain primary importers of Russian oil and gas.
Ukrainian President Volodymyr Zelenskyy praised Washington for enacting the penalties, stating that rigorous enforcement remains indispensable for isolating Moscow diplomatically and financially. Lawmakers in Washington anticipate that the aggressive economic framework will pressure global energy consumers, particularly in Asia, to accelerate their transition away from Russian hydrocarbons.