
US President Donald Trump is poised to sign legislation aimed at increasing economic pressure on Russia over its war in Ukraine by targeting Russian oil and gas revenues and countries that continue to buy Russian energy.
While the measure mandates broad sanctions, it gives Trump wide discretion over implementation, including which countries face tariffs, the tariff rates imposed, and whether sanctions provisions are waived.
The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, named for the late South Carolina senator who championed the legislation, passed the House Sept. 16 by a vote of 262-159 after clearing the Senate 86-11 in August. The measure now awaits Trump’s signature. The White House has said the administration supports the legislation and would recommend that Trump sign it into law.
The legislation directs the president to impose broad sanctions and tariff measures targeting Russian energy exports and countries that facilitate sanctions evasion. However, Trump “may waive the application” of sanctions provisions, restrictions, or duties if he certifies to Congress that doing so is “in the national interest of the United States” and explains the basis for the decision. While the law mandates sanctions, it leaves key implementation decisions to the administration.
Tariff provisions
Within 30 days of enactment, the act requires the president to impose duties of up to 100% on goods imported from countries that fall within specified categories involving Russian oil and gas purchases or sanctions evasion. The covered countries include those among the five largest importers of Russian-origin crude oil or natural gas by total volume during the 12 months preceding enactment, as well as countries that meet separate criteria for facilitating Russian sanctions evasion.
The administration must reassess those countries every 180 days.
A country is exempt from the gas-related duties if its Russian gas imports accounted for less than 15% of Russia’s total exports during the applicable period and it has taken “significant steps” to reduce those imports.
The measure also covers countries whose foreign persons knowingly engage in transactions, activities, or services that “circumvent or assist any third party to circumvent” sanctions, with the administration responsible for determining which countries meet those criteria.
Separately, it directs the president to increase duties on “all goods” imported from Russia, including oil, natural gas, LNG, petroleum products, and petrochemicals, to as much as 500%.
The duties would apply in addition to other applicable duties, fees, taxes, and charges.
The legislation targets Russia’s so-called shadow fleet and other foreign persons involved in supporting Russian energy production or sanctions evasion, including vessel owners, operators, managers, insurers, and other parties engaged in covered activities.
The bill also identifies major Russian LNG projects, including Yamal LNG and Arctic LNG 1, 2, and 3.
The legislation could subject leaders, senior executives, directors, and controlling shareholders of covered entities to sanctions.
The act also extends the Iran Sanctions Act of 1996 through 2031, preserving US sanctions authority covering investment in Iran’s energy sector.





















