Trump signs sanctions bill targeting Russia
US President Donald Trump has signed the 'Lindsey O. Graham Sanctioning Russia and Iran Act of 2026,' authorizing new sanctions against Russia's energy and defense sectors, as well as senior officials, due to its war in Ukraine. The legislation also targets Moscow's 'shadow fleet' and extends sanctions to Iran, granting the President authority to impose tariffs on major buyers of Russian oil and gas.
Why it matters
These sanctions represent a significant escalation of economic pressure on Russia and Iran, potentially impacting global energy markets and international relations, while also highlighting internal US political divisions regarding presidential authority.
US President Donald Trump has signed a bill authorising new sanctions designed to pressure Russia over its war in Ukraine, shortly after it received congressional approval this week.
The legislation takes aim at Russia's energy and defence sectors, alongside Russian President Vladimir Putin and other senior officials.
The measures also target Moscow's 'shadow fleet' of tankers used to evade western sanctions and give Mr Trump the authority to impose tariffs of up to 100% on major buyers of Russian oil and gas.
Critics say the legislation gives President Trump the power to impose levies that could last well beyond his presidency.
Some opposed to the bill also say Mr Trump already has the authority he needs to impose sanctions on Russia but has chosen not to do so.
The legislation will also target companies and foreign actors supporting Russia's military and extend sanctions involving Iran.
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5 other newsrooms covered this event. We read each version separately.
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