The U.S. House of Representatives has passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, sending the sweeping sanctions bill to President Donald Trump's desk. The legislation targets Russian officials, banks, and its shadow fleet, while granting the president authority to impose tariffs of up to 100% on major buyers of Russian energy, specifically targeting China and India. While Ukraine welcomed the move, China and India have pushed back, defending their trade rights.
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