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August 7, 2026

Senate Passes Lindsey O. Graham Sanctioning Russia and Iran Act of 2026

  • The Senate approved the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 by an 86-11 vote, imposing tariffs of up to 100% on the top five purchasers of Russian oil and gas.
  • The bill targets Russian President Vladimir Putin and includes sanctions on Iranian weapons and energy sectors at the request of former President Donald Trump.
  • Concerns persist in the House regarding the extensive tariff powers granted to Trump, with some lawmakers fearing unpredictable actions could harm U.S. relations.

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