Lindsey O. Graham Sanctioning Russia and Iran Act of 2026

Requires the President to block U.S. property and revoke or deny U.S. visas for senior Russian officials, Russian oligarchs, foreign actors aiding Russia's military or undermining Ukraine, and foreign vessels, insurers, and port operators that help evade Russian energy sanctions.

Directs the President to block U.S. assets, restrict U.S. accounts, and ban transactions with the Central Bank of Russia, major Russian state-owned banks, their executives, and foreign banks conducting significant transactions with them.

Prohibits U.S. banks and registered securities broker-dealers from processing money transfers to, from, or for the benefit of the Russian government and its officials starting 30 days after enactment.

Bans U.S. persons from making new investments in Russia, exporting designated services to Russia, or facilitating related foreign transactions starting 30 days after enactment.

Directs the President to increase U.S. import tariffs on all Russian goods, including oil, gas, and coal, up to 500 percent ad valorem starting 30 days after enactment.

Directs the President to impose import tariffs of up to 100 percent on goods from countries identified as top buyers of Russian crude oil and natural gas or top facilitators of Russian oil sanctions evasion.

Extends the authority of the Iran Sanctions Act of 1996 for five years, through 2031.

Maintains in effect existing executive branch sanctions and national emergency orders concerning harmful foreign activities of the Russian government.

Allows financial institutions holding frozen Russian state assets to withhold interest payments to Russia, and exempts Ukraine assistance loans funded by those assets from sanctions.

Directs the President to block U.S. property and prohibit transactions involving any company owned or controlled by the Russian government.

Requires the Securities and Exchange Commission to prohibit securities issued by the Russian government, Russian officials, or Russian state-affiliated entities from trading on U.S. stock exchanges within 30 days of enactment.

Prohibits new U.S. investments in Russia's energy sector, bans exports of U.S. energy to Russia, and imposes property-blocking and visa sanctions on foreign persons supporting Russian energy production.

Prohibits U.S. persons and financial institutions from buying sovereign debt issued by the Russian government.

Directs the President to sanction global financial messaging companies and their leadership if they knowingly enable the evasion of sanctions on Russian banks.

Enforces the import ban on Russian uranium and mandates property freezes and visa bans on the leadership of Russia's state-owned nuclear corporation, Rosatom.

Exempts humanitarian supplies (food, medicine, and medical devices), intelligence activities, UN diplomatic travel, NASA space operations, and a 270-day business winddown period from sanctions.

Allows the President to waive any sanctions, restrictions, or duties upon certifying to Congress that doing so is in the U.S. national interest.

Applies federal civil and criminal penalties under the International Emergency Economic Powers Act to individuals and entities that violate or conspire to violate the bill's sanctions.

Establishes a 30- to 60-day congressional review period and expedited disapproval resolution procedures that must conclude before the President can terminate any imposed sanctions or tariffs.

Sunsets the Russia-related sanctions authorities five years after enactment.