House passes Russia sanctions bill named for Lindsey Graham, sending it to Trump

WASHINGTON — The House voted Wednesday to pass a major bill aimed at imposing sanctions on Russia and Iran, sending it to President Donald Trump for his signature.

The 61-page legislation, which passed the Senate 86-11 last month, was named the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, in honor of the late senator, who was an outspoken proponent of the cause before his unexpected death in July.

The bill takes aim at Russia’s energy sector by punishing the largest buyers of its oil and gas, allowing the president to impose tariffs on goods from those countries, which may include China and India.

The goal: to slash the revenue streams that fund Russia’s ongoing war on Ukraine, which began in 2022.

“The act’s most consequential new authority is its provision to place tariffs of up to 100 percent on third countries purchasing significant volumes of Russian energy,” according to the nonpartisan Center for Strategic and International Studies. “This replaces the blanket 500 percent tariff in the 2025 version with a more measured instrument, alongside a carve-out for countries taking significant steps to reduce dependence on Russian energy and whose imports amount to less than 15 percent of…

Original source: https://www.nbcnews.com/world