US Senate Advances Bill Proposing 100% Tariffs on Russian Oil Buyers

The US Senate voted 86 to 12 to advance the 'Lindsey O Graham Sanctioning Russia Act of 2026', which could impose up to 100 percent tariffs on countries purchasing Russian energy.

Potential targets include India, China, and Türkiye, which are identified as major buyers of Russian oil according to data from the Centre for Research on Energy and Clean Air.

The bill, which also targets Russia's 'shadow fleet' of tankers, now moves to the House of Representatives, though President Trump's demand to include Iran-related tariffs may delay its passage.