{"id":775492,"date":"2026-09-19T06:10:14","date_gmt":"2026-09-19T06:10:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/775492\/"},"modified":"2026-09-19T06:10:14","modified_gmt":"2026-09-19T06:10:14","slug":"trump-takes-aim-at-russias-energy-sector-with-sanctions-bill","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/775492\/","title":{"rendered":"Trump takes aim at Russia&#8217;s energy sector with sanctions bill"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">US President Donald Trump has signed a sweeping sanctions bill, taking aim at Russia&#8217;s economy by punishing major purchasers of its oil and gas. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The bill, passed by the US House of Representatives earlier this week, gives Trump broad powers to levy tariffs of up to 100% on the top five purchasers of Russian oil and gas \u2013 most significantly China and India.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">At Trump&#8217;s behest, the bill also extends to Iran&#8217;s energy and weapons sectors. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The bill is named after the late Senator Lindsey Graham, one of Ukraine&#8217;s staunchest defenders in Washington before his death on 11 July. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The 48-page bill, formally titled the Lindsey O Graham Sanctioning Russia and Iran Act of 2026, includes exceptions for countries that import less than 15% of their natural gas from Russia and are working to lessen their dependency. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Additionally, the bill includes sanctions against Russian President Vladimir Putin, senior figures within the Russian government as well as banks and other financial institutions and Russia&#8217;s &#8220;shadow fleet&#8221; of tankers used to circumvent existing sanctions. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Senator Richard Blumenthal, a New York Democrat, previously described the legislation as &#8220;scorching sanctions&#8221; which would &#8220;throttle Putin&#8217;s war machine&#8221;. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Data from the Centre for Research on Energy and Clean Air, or CREA, shows that China accounted for 50% of Russian crude exports between December 2022 and August 2026, <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c3lyrn4p870yo\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">followed by India at 37%. <\/a><\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Turkey and the European Union each accounted for 5% during the same time period, although Russian energy exports to the EU have been decreasing. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Senator Graham had long sought to push the Trump administration to do more to punish Russia for the war that followed its invasion of Ukraine in February 2022. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The bill also had the support of Ukrainian President Volodymyr Zelensky, who praised its passage by the House of Representatives earlier this week. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;It is symbolic that the US House of Representatives&#8217; passage of Lindsey Graham&#8217;s sanctions bill took place on the night of yet another Russian attack on Ukraine involving ballistic missiles, other missiles, and drones,&#8221; Zelensky wrote on Telegram on 17 September. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Graham, 71, died on 11 July of an &#8220;aortic dissection&#8221; caused by cardiovascular disease shortly after returning from a trip to Kyiv. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;He died doing the work he was born to do,&#8221; Trump said at the time. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Prior to his death, he was widely considered one of Ukraine&#8217;s fiercest allies on Capitol Hill, at a time when Republicans were bitterly divided over the extent of US involvement abroad and the amount of aid being given to Ukraine. <\/p>\n","protected":false},"excerpt":{"rendered":"US President Donald Trump has signed a sweeping sanctions bill, taking aim at Russia&#8217;s economy by punishing major&hellip;\n","protected":false},"author":2,"featured_media":775493,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[49,50,51,47,52,48],"class_list":["post-775492","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/775492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=775492"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/775492\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/775493"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=775492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=775492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=775492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}