US President Donald Trump has signed the Russia sanctions bill into law, giving him tariff powers of up to 100%.
It exempts activities under a US-Russia civilian nuclear cooperation agreement and certain low-enriched uranium imports.
The 2024 ban on Russian uranium imports still stands with waivers through January 1, 2028, yet Russian enrichment remains part of US nuclear-fuel supply.
President Donald Trump has enacted the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which targets Russia’s energy sector, financial institutions and sanctions-evasion networks. It also allows him to impose tariffs of up to 100% on goods from the five largest buyers of Russian crude oil and natural gas.
India, which imported about 2.08 million barrels per day of Russian crude in August, according to Kpler, is among the countries that could fall within its scope. The law does not impose tariffs on India or anyone else automatically; it gives Trump the authority to do so.
At the same time, the law explicitly exempts certain nuclear-related activities between the United States and Russia, including civilian nuclear cooperation covered by bilateral agreements and specified imports of low-enriched uranium for nuclear reactors.
The law's uranium provisions require the US president to implement restrictions on imports of uranium from Russia, including uranium supplied by Rosatom and its subsidiaries. But the exemptions mean the sanctions title does not apply to activities conducted under US-Russia civilian nuclear cooperation agreements or to certain low-enriched uranium imports covered by existing US law.
India, China In Crosshairs
The law gives the US president authority to raise tariffs on goods from the five largest importers of Russian crude oil or natural gas, as well as countries among the top five facilitating Russian oil sanctions evasion. The rate can go up to 100%.
India imported about 2.08 million barrels per day of Russian crude in August, accounting for roughly 45% of its total crude imports, according to Kpler data. Any sharp reduction in those supplies could raise procurement and freight costs as Indian refiners turn to alternative sources.
New Delhi has said it is monitoring developments and remains committed to ensuring energy security for its 1.4 billion people through diversified sourcing. The Ministry of External Affairs said the issue had been discussed at high levels with US interlocutors and that India would take necessary measures to protect its trade and economic interests.
China, meanwhile, is the largest importer of Russian energy among the countries targeted by the bill's tariff mechanism, according to remarks made during Senate debate. US lawmakers have framed the measure as a way to reduce the revenue Moscow receives from oil and gas sales.
Nuclear Exception
The nuclear provisions stand alongside much broader measures against Russia. The bill targets Russian officials, oligarchs, banks, the shadow fleet and entities supporting Moscow's war effort, while also imposing higher duties on Russian goods.
The Senate Foreign Relations Committee said the legislation was designed to hold major purchasers of Russian oil and gas accountable for supporting Russia's war in Ukraine. It also limits the tariff mechanism to the five largest importers of Russian crude or gas and the top five countries involved in sanctions evasion.
The legislation therefore puts pressure on countries such as India and China over Russian energy purchases while preserving specific exceptions for US nuclear cooperation with Moscow and some Russian nuclear material entering the US. The House has passed the measure, and it now awaits Trump's signature.
