President Donald Trump has signed into law a sweeping sanctions package formally titled the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, honoring the late Republican senator who negotiated the bill for more than a year before his death in July and co-wrote it with Democratic Sen. Richard Blumenthal.

Al Jazeera, NBC, and AFP reported the measure sanctions President Vladimir Putin, senior officials and oligarchs, Russian banks, energy and defense networks, and the “shadow fleet” of tankers moving Russian oil. A central provision lets Trump impose tariffs of up to 100 percent on the five largest buyers of Russian oil and gas—pressure expected to fall hardest on China and India. The bill separately extends Iran energy and weapons sanctions. It cleared the House midweek with dozens of Democrats joining Republicans and was the first major Ukraine-related bill through Congress in more than two years.

Ukrainian President Volodymyr Zelenskyy, who lobbied lawmakers, called the law “an extremely powerful tool.” Speaker Mike Johnson said it placed “maximum pressure” on Russia’s war machine; Blumenthal said he hoped it would bring Moscow to the table. House Minority Leader Hakeem Jeffries opposed the final package, arguing tariff powers would raise costs for American families and calling sanctions full of “loopholes.” India restated its commitment to energy security for 1.4 billion people. Signing comes about a week before Trump hosts Xi Jinping, making secondary-tariff threats a live summit variable. Outlets agree on the bill’s core authorities and bipartisan path; they diverge on how aggressively Trump will use the 100% tariff lever before November midterms.