Lindsey O. Graham Sanctioning Russia and Iran Act of 2026

The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 imposes comprehensive economic restrictions on the Russian Federation, including blocking assets of government officials, state-owned financial institutions, and entities supporting the defense sector. The bill prohibits new U.S. investments in Russia, bans the purchase of Russian sovereign debt, and restricts the importation of uranium and energy products from the country. Additionally, it authorizes the imposition of tariffs up to 500 percent on goods imported directly from Russia and up to 100 percent on goods from foreign nations that continue to purchase significant volumes of Russian crude oil or natural gas. The legislation also extends the Iran Sanctions Act through 2031 and includes a five-year sunset provision for the new measures, subject to specific humanitarian and safety exceptions.