Trump signs Russia sanctions bill championed by Graham
Summary
President Trump signed a new law that imposes sanctions on Russia and allows tariffs on major buyers of Russian oil and gas. The bill also extends sanctions on Iran and targets Russian leaders, banks, and important people involved in the government.Key Facts
- The bill is named the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026.
- It allows the president to impose tariffs up to 100% on the top five buyers of Russian oil and gas.
- Russian President Vladimir Putin, government officials, oligarchs (rich and powerful people), banks, and financial institutions are targeted by the sanctions.
- China and India are the largest buyers of Russian oil and will be most affected by the tariffs.
- The law extends sanctions on Iran’s energy and weapons industries.
- Senator Lindsey Graham, who supported the bill, died in July from a torn aorta and President Trump gave a speech at his funeral.
- Russia’s war in Ukraine is ongoing, and President Trump has tried to work with leaders on both sides but has not ended the conflict.
- Jared Kushner and Steve Witkoff recently met with Putin and Zelenskyy to discuss the war.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
