The US House of Representatives has approved the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, granting President Donald Trump the authority to impose tariffs on nations that continue to purchase Russian oil and natural gas. Passed by a vote of 262-159, the legislation targets Russia’s key energy and defense sectors and now awaits the President’s consideration.
Under the new bill, tariffs could reach up to 100% on goods from countries that persist in buying Russian energy or circumventing existing sanctions. This measure could potentially impact significant energy purchasers like India and China, though the decision to impose such tariffs remains at the President’s discretion.
The legislation, which has already cleared the Senate, also introduces further sanctions aimed at Russian officials, financial institutions, and entities involved in sanctions evasion. Additionally, it extends existing sanctions related to Iran, reflecting a broader strategy to exert economic pressure on both nations.
India’s Ministry of External Affairs has stated that the country’s energy procurement decisions are driven by national interests. The possibility of tariffs complicates ongoing trade discussions between the US and India, adding another layer to diplomatic negotiations.
This bill underscores the US government’s ongoing efforts to curb Russian energy exports as part of a wider geopolitical strategy. By targeting countries involved in Russian energy transactions, the legislation seeks to tighten economic constraints on Moscow.