Sanctions bill empowers President Trump to punish buyers of cheap Russian oil, says Lindsey Graham

Senator Lindsey Graham's bipartisan bill aims to impose sanctions on countries, including China, India, and Brazil, for purchasing Russian energy, amid ongoing tensions over Ukraine. 

Mausam Jha
Updated8 Jan 2026, 12:59 PM IST
AFP PICTURES OF THE YEAR 2025

US President Donald Trump (R) reaches out to shake hands with Russian President Vladimir Putin as they pose on a podium on the tarmac after arrival at Joint Base Elmendorf-Richardson in Anchorage, Alaska, on August 15, 2025.. Putin is in Alaska at the invitation of Trump in his first visit to a Western country since he ordered the 2022 invasion of Ukraine that has killed tens of thousands of people. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) / AFP PICTURES OF THE YEAR 2025
AFP PICTURES OF THE YEAR 2025 US President Donald Trump (R) reaches out to shake hands with Russian President Vladimir Putin as they pose on a podium on the tarmac after arrival at Joint Base Elmendorf-Richardson in Anchorage, Alaska, on August 15, 2025.. Putin is in Alaska at the invitation of Trump in his first visit to a Western country since he ordered the 2022 invasion of Ukraine that has killed tens of thousands of people. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) / AFP PICTURES OF THE YEAR 2025(AFP)

Republican Senator Lindsey Graham said Wednesday (local time) that US President Donald Trump has approved moving forward with a bipartisan sanctions bill aimed at countries that continue doing business with Russia, and noted that the bill will allow “Trump to punish those countries who buy cheap Russian oil”.

Graham said Trump gave the go-ahead for the legislation during a meeting between the two earlier that day.

In a post on X, Graham said, “he greenlit the bipartisan Russia sanctions bill that I have been working on for months with Senator Blumenthal and many others. This will be well-timed, as Ukraine is making concessions for peace and Putin is all talk, continuing to kill the innocent.”

“This bill will allow President Trump to punish those countries who buy cheap Russian oil fueling Putin’s war machine. This bill would give President Trump tremendous leverage against countries like China, India and Brazil to incentivize them to stop buying the cheap Russian oil that provides the financing for Putin’s bloodbath against Ukraine,” Graham added.

Also Read | Trump aide claims Indian envoy wanted tariff relief for buying less Russian oil

Leaders in the Senate and House of Representatives have held off bringing the legislation to a vote as Trump has preferred to impose tariffs on goods imported from India, the world's second-leading buyer of Russian oil after China, Reuters reported.

A U.S. official told Reuters in November that Trump would sign the legislation if it passed, but would insist on specific language ensuring he remained in control of the sanctions, according to the report.

Also Read | Xi Is Testing Japan's Ties With Trump by Escalating Trade Battle

Efforts to end the nearly four-year war in Ukraine have gained momentum since November. On Tuesday, the United States joined a broad group of Ukraine’s allies in pledging security guarantees, which leaders said would include binding commitments to support Ukraine if Russia launches another attack.

Russia, however, has not indicated any readiness to compromise. This comes after Kyiv sought changes to a U.S. proposal that had initially aligned with Moscow’s key demands. The Kremlin has also given no public indication that it would accept a peace agreement that includes the security guarantees proposed by Ukraine’s allies.

As per the official website of US Congress, the bill titled "Sanctioning of Russia Act 2025" by Graham seeks to impose several provisions, which includes penalties on individuals and entities including an increase of the rate of duty on all goods and services imported from Russia into the United States to at least 500% relative to the value of such goods and services.

US-India ties

Earlier, Trump said that Prime Minister Narendra Modi was unhappy about the high tariffs imposed on India for buying Russian oil. "I have a very good relationship with PM Modi, but he is not happy with me as India is paying high tariffs. But now they have reduced it very substantially, buying oil from Russia," Donald Trump said.

The tariffs, totalling 50%, were imposed due to India's significant purchases of Russian oil, which the US sees as supporting Russia's economy amid the Ukraine conflict.

Trump's remarks came a day after he warned that Washington could further raise tariffs on Indian goods if New Delhi does not address US concerns over Russian oil imports.

"They wanted to make me happy, basically. Modi is a very good man; he is a good guy. He knew I was not happy, and it was important to make me happy," he said.

Also Read | Russian oil discount for Indian refiners jumps to $8 a barrel

Speaking at the House GOP Member Retreat, Trump suggested that while relations between the two countries remain friendly, the tariff issue has introduced some strain.

India has previously dismissed Trump’s claim that Prime Minister Narendra Modi had assured him New Delhi would stop buying Russian oil, clarifying that no such discussion or commitment had occurred.

India-Russia relations

New Delhi and Moscow share a long-standing relationship dating back to the Soviet era, with Russia serving as India’s primary arms supplier for decades. India has also become the largest buyer of seaborne Russian oil, even as Western nations imposed sanctions after Russia invaded Ukraine in February 2022.

However, India’s crude oil imports are expected to fall to a three-year low this month, driven by a punitive U.S. tariff on Indian goods and tighter sanctions on Russia. The Trump admin has argued that India’s purchases of discounted Russian oil help fund Moscow’s war in Ukraine.

Also Read | Russia-India-China: A triumvirate that's too fragile to endure

India and Russia have set a target of boosting bilateral trade to $100 billion by 2030. Trade between the two countries surged more than fivefold, from about $13 billion in 2021 to nearly $69 billion in 2024–25, largely driven by India’s energy imports.

However, bilateral trade slipped to $28.25 billion during April–August 2025, reflecting a drop in crude oil purchases. At the same time, India is seeking new markets to offset the impact of the steep 50% tariff imposed by President Donald Trump on Indian goods.

This bill will allow President Trump to punish those countries who buy cheap Russian oil fueling Putin’s war machine.
I have a very good relationship with PM Modi, but he is not happy with me as India is paying high tariffs.

Russia, meanwhile, is looking to import more Indian products to rebalance trade that is currently heavily skewed toward energy, Deputy Kremlin Chief of Staff Maxim Oreshkin said at a business conference in New Delhi earlier on Thursday.

(With inputs from agencies)

Get Latest real-time updates

Stay updated with the latest Trending, India , World and US news.

Business NewsNewsWorldSanctions bill empowers President Trump to punish buyers of cheap Russian oil, says Lindsey Graham
More