U.S. Senate Passes Russia Sanctions Bill with 100% Tariff Authority
The U.S. Senate passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 in an 86-11 bipartisan vote, imposing sanctions on Russia over its Ukraine invasion and granting President Trump authority to impose up to 100% tariffs on top Russian oil and gas buyers, including China, India, Azerbaijan, Hungary, and Slovakia. The bill also targets Russian officials, oligarchs, and Iran’s energy sector. It now heads to the House, facing uncertain prospects due to concerns over expanded presidential tariff powers.