The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 (H.R. 5334) is a comprehensive measure designed to counter Russian aggression, particularly in relation to its invasion of Ukraine, by imposing extensive sanctions and restrictions. The bill targets individuals and entities associated with the Russian government, financial institutions, energy sector, and other key industries. It prohibits various forms of economic engagement, including investments, trade, and financial transactions, while also increasing tariffs on Russian imports and imposing duties on countries that facilitate sanctions evasion. The legislation includes provisions for humanitarian exemptions, intelligence activities, and compliance with international obligations. Additionally, the bill extends the Iran Sanctions Act of 1996 until 2031 and contains severability and sunset clauses, with most provisions set to expire five years after enactment. The measure reflects a bipartisan effort to pressure the Russian Federation to cease hostilities in Ukraine and adhere to international norms, while attempting to balance economic and foreign policy interests through waiver and termination mechanisms subject to congressional review.
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