Trump Signs Graham Act to Sanction Russia and Iran Energy Sectors

Key Facts

1President Trump signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 on September 18.

2The new act aims to use economic leverage to force an end to the Russia-Ukraine War.

President Trump signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 on September 18, 2026. OilPrice.com reported that the new act aims to utilize economic leverage to force an end to the Russia-Ukraine War.

The legislation functions as a turbocharged version of tariff diplomacy, targeting the economic foundations of Russia and Iran with a focus on their energy sectors. The geopolitical shift is expected to impact energy markets as the administration seeks to drive massive political change through these measures.