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US Enacts Sweeping Sanctions Regime Against Russia and Iran

By Geopolitics Desk · 2026-09-18 · Updated 2026-09-19 00:05 UTC
A heavy iron padlock resting on a stack of crude oil barrels
Illustration: Tradingbird

US President Trump has signed the Graham Act into law on September 18, 2026, authorizing tariffs of up to 100% on nations like India and China that purchase Russian energy. The measure, which passed with broad bipartisan support, also extends sanctions on Iran and targets Russia's shadow fleet, prompting warnings from New Delhi regarding its energy security and bilateral ties.

  • According to GN geopolitics/trade (en-US), the legislation, formally titled the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, was signed on September 18, 2026, and specifically names India and China as primary targets for the authorized tariffs on Russian energy imports.

    Source: The Times of India

  • The Graham Act is now law, authorizing tariffs of up to 100% on nations purchasing Russian energy, marking a significant escalation in Western pressure.

    Source: Прямий
Based on reporting by Прямий and The Times of India, compiled by the Tradingbird desk.

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