After L. Graham’s death, colleagues in the Senate decided to support his initiative as a tribute to the late senator.
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Next, the bill will be sent to the House of Representatives for consideration, which is currently on recess.
During the vote, 68 senators supported the bill, 9 voted against it. The document, named the Lindsey O. Graham Sanctions Act on Russia and Iran of 2026, provides for sanctions against Russian officials and allows for the imposition of strict tariffs on China, India, and other countries to reduce their dependence on Russian oil and gas.
Before the vote, debates were held in the Senate where senators spoke about the increasing Russian terror against Ukrainian cities and the need to hinder Moscow’s ability to finance the war. It was previously announced that this bill is ready to be signed by U.S. President Donald Trump.
The bill provides for the introduction of 100% secondary tariffs on countries that continue to buy Russian oil and gas. This would primarily apply to China and India.
The document also provides for sanctions against Russia’s so-called “shadow fleet,” Russian financial institutions including the Russian central bank, and large state energy projects, including Jamal LNG, Arctic LNG-1, Arctic LNG-2, and Arctic LNG-3.
Sanctions on Russia
Earlier, the U.S. also announced new sanctions on several Russian Ministry of Defense entities, two Russian companies, and five Russian citizens.
According to the U.S. State Department, sanctions were applied to the Russian Ministry of Defense’s Main Missile and Artillery Directorate, the 1061st Material Support Center of the Russian Armed Forces, the Directorate of Prospective Interbranch Research and Special Projects, and the Russian Ground Forces. Restrictions also apply to successors, divisions, and subsidiaries of these institutions.
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