Senate amendment threatens tariffs on top Russian oil buyers
An amendment to the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 would allow the United States to raise ad valorem secondary tariffs up to 100 percent on goods from the five largest buyers of Russian crude oil and natural gas by volume, directly implicating major buyers such as India and China. The text gives the U.S. Trade Representative authority to set duties between zero and 100 percent based on whether a country takes significant steps to reduce Russian energy imports, includes a limited natural gas exception, and preserves a presidential waiver; the act also broadens blocking sanctions on Russian leaders, banks, and maritime networks.
Amendment allows up to 100 percent tariffs on top five Russian energy buyers
Context
The Senate passed the underlying bill on August 7 by an 86-11 vote. The House Committee on Rules is now processing the Senate amendments. The House could accept, amend, or reject the tariff provisions next.
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