Trump signs sanctions bill targeting Russia’s energy sector with tariffs up to 500%

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President Donald Trump signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 to pressure Moscow over the Ukraine war. This sweeping sanctions package targets Russian officials and the energy sector to choke off funding for the conflict. The law authorizes tariffs up to 100% on the top five importers of Russian oil or gas, though some reports mention tariffs up to 500%. These measures aim to starve Vladimir Putin of essential resources.
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