The record
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- President Donald Trump has signed the Lindsey O.
- Graham Sanctioning Russia and Iran Act of 2026 into law, which expands sanctions against Russia and Iran.
- The legislation authorizes the U.S. president to impose tariffs of up to 100% on nations that purchase Russian oil and gas, potentially impacting countries like India and China.
- The law also targets Russia's energy sector, its defense industry associates, and entities facilitating the use of a shadow fleet to bypass sanctions.
- The act will come into effect within 30 days of signing.
What to watch next
- Implementation of tariff decisions by the Trump administration after the 30-day window
- Impact on energy trade relations between India, China, and Russia
- Actions taken against entities associated with Russia's shadow fleet
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Named United States · India · China · Russia · Iran · Donald Trump · Lindsey O. Graham · White House
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