Trump signs bill targeting top buyers of Russian oil and gas
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Trump Strikes Back: Tough Sanctions Bill Hits Russian Oil and Gas Buyers

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Summary

President Donald Trump has signed a powerful sanctions bill authorizing up to 100% tariffs on the top five importers of Russian oil and gas, mainly targeting China and India. The legislation aims to choke off funding for Putin’s regime and protect American interests, while providing exemptions for responsible nations reducing their dependence on Russian energy.

President Donald Trump has taken decisive action by signing a 48-page sanctions measure that authorizes tariffs of up to 100% on the five biggest buyers of Russian oil and gas, with China and India—America’s chief economic rivals—at the top of the list. The legislation, named in honor of the late Senator Lindsey Graham, also goes after Russian President Vladimir Putin, his corrupt inner circle, complicit financial institutions, and a shadowy fleet of tankers used to dodge existing sanctions.

The bill wisely includes exemptions for countries importing less than 15% of their natural gas from Russia, as long as they are actively working to diversify their energy sources and reduce reliance on hostile regimes. Data from the Centre for Research on Energy and Clean Air confirms that China took half of Russian crude exports between December 2022 and August 2026, with India receiving 37%, while Turkey and the European Union each accounted for about 5%. These numbers underscore the urgent need to confront those enabling Putin’s aggression.

Senator Richard Blumenthal praised the measure as 'scorching sanctions' that will 'throttle Putin’s war machine,' a sentiment echoed by Ukrainian President Volodymyr Zelensky, who welcomed the House’s passage of the bill on the night of yet another Russian missile and drone attack. This legislation fulfills Senator Graham’s long-standing demand for tougher action against Russia following its brutal 2022 invasion of Ukraine, reaffirming America’s leadership in defending freedom and security worldwide.

Source

BBC

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