Trump signs sweeping Russia sanctions aimed at choking Moscow's energy exports

President Trump signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, enabling up to 100% tariffs on Russia’s top oil and gas buyers—led by China and India—while extending sanctions to Iran’s energy and weapons sectors and targeting Putin, Russian elites, banks, and the shadow tanker fleet; the bill includes exemptions for countries importing under 15% of Russian gas and has Zelensky’s backing, with CREA data showing China and India together account for roughly 87% of Russia’s crude exports in recent years.