⚡️🇺🇸🇷🇺 — President Trump Signs Lindsey Graham Sanctions Bill Targeting Russia's Energy Buyers and Economy, — CBS NEWS.
➡️ President Donald Trump signed the sweeping Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 on Friday, enacting legislation championed by the late Republican senator to increase economic pressure over Moscow's ongoing war in Ukraine. The law authorizes the president to impose tariffs of up to 100 percent on the five largest purchasers of Russian oil and natural gas—heavily impacting major buyers like China and India—while placing direct sanctions on Russian President Vladimir Putin, government officials, oligarchs, and key financial institutions. Additionally, the legislation extends existing restrictive measures targeting Iran's energy and weapons sectors.
➡️ The bill's passage follows congressional approval that saw the Senate pass the measure in August and the House clear it with bipartisan support, despite concerns from some Democrats regarding the expansion of executive tariff authority. The signing coincides with persistent geopolitical friction, including upcoming discussions between President Trump and Chinese leader Xi Jinping at the White House, ongoing diplomatic efforts by envoys Jared Kushner and Steve Witkoff in Moscow and Kyiv, and a global oil crunch tied to broader Middle Eastern conflicts.
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