President Trump signs Sanctioning Russia and Iran Act3Photo© hindustantimes.com

President Trump signs Sanctioning Russia and Iran Act

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Washington, Sep 19 (PTI): President Donald Trump signed the Sanctioning Russia and Iran Act, which seeks to impose steep levies on Moscow and its top energy buyers such as China and India.

“On Friday, September 18, 2026, the President signed into law: H.R. 5334, the “Lindsey O. Graham Sanctioning Russia and Iran Act of 2026,” which authorizes and expands statutory sanctions, tariffs, and prohibitions on Russia and extends existing sanctions on Iran,” the White House said.

The House of Representatives on Wednesday passed the Sanctioning Russia and Iran Act, which seeks to impose sanctions on Russia's leadership and energy sector -- as well as on collaborators in Moscow's defence industry and its so-called shadow fleet.