U.S. Senate Advances Sweeping Sanctions Against Russia and Iran
On July 29, 2026, the U.S. Senate voted 86-12 to advance the 'Lindsey O. Graham Sanctioning Russia and Iran Act of 2026.' The bipartisan bill targets countries and entities purchasing Russian energy resources or assisting Moscow in circumventing sanctions. It also introduces new measures to restrict Iran's nuclear program and its support for regional proxies. The legislation allows for tariffs up to 100% on imports from major consumers of Russian oil and gas.