Story perspectives

Bipartisan Bill Hits Discounted Russian Oil, Wins White House Backing

7/11/2026

Center

Senators Secure Sanctions

Bipartisan senators secured White House backing for a revised Russia sanctions bill while President Donald Trump visited Kyiv.
Lindsey Graham, Richard Blumenthal, Jeanne Shaheen and Roger Wicker said the Sanctioning Russia Act will be released soon.
Bill would impose tariffs on nations buying discounted Russian oil, reducing war-funding revenue.
US groups said signals Moscow, noting $58 billion in oil to China and India in 2026.

Right

Trump Secures Sanctions

President Donald Trump called his relationship with Ukrainian President Volodymyr Zelensky “very good” during a meeting in Ankara.
Four senators secured an agreement with the Trump administration to advance a revised Russia sanctions bill during his Kyiv visit.
The deal provides President Trump with extra tools to pressure Russia through targeted sanctions.
Earlier drafts would have imposed secondary sanctions and steep tariffs on nations buying Russian oil.

History

Historical Context

In March 2014 the United States under President Obama and the European Union imposed the widest sanctions on Russia since the Soviet Union’s collapse after its annexation of Crimea, freezing over $1 billion in oligarch assets and cutting Rosneft financing. Today Senators Graham, Blumenthal, Shaheen and Wicker propose secondary tariffs on nations buying discounted Russian oil, echoing that 2014 pressure to curb Moscow’s revenue.

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Senators Secure Sanctions

Bipartisan senators secured White House backing for a revised Russia sanctions bill while President Donald Trump visited Kyiv.
Lindsey Graham, Richard Blumenthal, Jeanne Shaheen and Roger Wicker said the Sanctioning Russia Act will be released soon.
Bill would impose tariffs on nations buying discounted Russian oil, reducing war-funding revenue.
US groups said signals Moscow, noting $58 billion in oil to China and India in 2026.

1 / 3