Senate to move on Russia sanctions bill named after Sen. Lindsey Graham
Summary
The U.S. Senate is set to advance a sanctions bill against Russia and Iran named after Senator Lindsey Graham, who recently passed away. The bill targets Russian officials, banks, and energy sectors, and extends Iran sanctions until 2031. Ukrainian President Zelenskyy will be in Washington for a meeting before the vote.Key Facts
- The bill is called the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026.
- It was negotiated by Senator Graham and the White House before his death.
- The bill imposes sanctions on Russian political figures, oligarchs, banks, and the "shadow fleet."
- It restricts funding for Iran’s energy and weapons sectors and extends sanctions until 2031.
- The bill allows tariffs on top importers of Russian oil and gas and countries helping Russia evade sanctions.
- More than 60 senators support the bill, making its passage likely in the Senate.
- The House is on recess until August 31, so the bill will wait for House action before reaching President Trump.
- Ukrainian President Zelenskyy will meet with senators in Washington ahead of the procedural vote.
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