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Day: September 19, 2026
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US President Donald Trump has signed the sweeping Russia sanctions bill into law, expanding economic pressure on Moscow over the war in Ukraine. The legislation targets Russia’s energy and defence sectors, officials, banks and its so-called shadow fleet of tankers used to evade sanctions. The law also gives Trump authority to impose tariffs of up to 100% on major buyers of Russian oil and gas under specified conditions. The measure is formally named the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026.
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Trump Signs Russia Sanctions Law: India, China Face 100% US Tariff Risk | Russian Oil | India Today
Donald Trump has signed a new Russia sanctions law giving the US administration powers to impose tariffs of up to 100% on countries buying Russian oil and gas. India and China, among the biggest buyers of Russian crude, could potentially face steep US tariffs under the new law.
The legislation targets Russia’s energy and defence sectors and its so-called shadow fleet, while giving the Trump administration significant discretion over which countries could be targeted. India has warned that such measures could affect bilateral ties, while China has opposed the legislation.
Watch this LIVE coverage for the latest updates on Donald Trump, Russia sanctions, Russian oil, India-US relations, India-China, US tariffs, global oil markets and the geopolitical fallout.
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