The Senate passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 in an 86-11 bipartisan vote, authorizing up to 100% tariffs on top buyers of Russian oil and gas. The bill also imposes sanctions on Russian officials, oligarchs, and Iran's energy sector. It now heads to the House, where expanded presidential tariff authority creates uncertain prospects.
- The Senate passed the Russia and Iran sanctions bill in an 86-11 bipartisan vote.
- The bill grants the president authority to impose up to 100% tariffs on top Russian energy buyers, including China, India, Azerbaijan, Hungary, and Slovakia.
- Sanctions also target Russian officials, oligarchs, and Iran's energy sector.
- The bill now moves to the House, where expanded presidential tariff powers face uncertain prospects.