Senate Advances Package Targeting Sanctions On Russia

The "Lindsey O. Graham Sanctioning Russia and Iran Act" was one of the late senator's biggest fights. It has now passed through the Senate on a bipartisan vote.

The Senate has advanced a package of sanctions against Russia.

The “Lindsey O. Graham Sanctioning Russia and Iran Act” was one of the late senator’s biggest fights. It has now passed through the Senate on another bipartisan vote and is heading to the House. It reportedly has the backing of President Trump.

The bill focuses on kneecapping Russian President Vladimir Putin’s war machine by targeting Moscow’s top financial driver, oil and gas sales. It also extends sanction authority against Iran that hampers funding to the country’s weapons and energy sectors as the administration and negotiators abroad seek to find a long-lasting peace agreement for the war in the Middle East.

There are also targeted sanctions against Putin, Russian officials and Russian military leaders, up to 500% tariffs on Russian imports and tariffs of up to 100% on the top five countries buying Russian energy, like China and India. and it gives Trump flexibility for when to turn off some aspects of the sanctions.