The government of Donald Trump, President of the United States, signed the Russia and Iran sanctions law, named the "Lindsey O. Graham Russia and Iran Sanctions Act," on September 18, 2026. This law provides Trump with a significant economic lever to create substantial political changes in international relations.
Main Objectives of the Graham Law
The primary goal of this law is to pressure both sides to end the war between Russia and Ukraine, which began on February 24, 2022, by order of Vladimir Putin. Trump clearly stated this goal in his speech at the United Nations General Assembly on September 22, declaring that he would use his new powers if necessary.
Details of the Law and Its Consequences
The Graham law includes the imposition of a 100 percent tariff on all goods imported from five major buyers of Russian crude oil and natural gas, as well as five jurisdictions that help circumvent sanctions. China, India, Turkey, Brazil, and Azerbaijan are identified as the five main countries in this regard. Additionally, this law imposes a mandatory tariff of up to 500 percent on any direct imports from Russia and blocks all transactions related to Russia's 'shadow fleet.'
These measures could significantly impact Russia's efforts in the Ukraine war and act as additional pressure on the leaders of China and India to encourage Putin to enter peace negotiations.
Political and Economic Challenges
Reports indicate that changes in oil and gas prices significantly affect the U.S. economy. Historically, every $10 change in crude oil prices can lead to a 25 to 30 cent change in the price of each gallon of gasoline. These changes also influence electoral policies, as history shows that a U.S. president is more successful in reelection if there is no economic recession.
Ultimately, the Graham law not only serves as a tool to pressure Russia and Ukraine but also allows Trump to address his strategic goals regarding Iran, particularly in preventing this country from acquiring nuclear weapons.
