Earlier today, the U.S.

Senate passed Senate Bill 5025, the “Lindsey O. Graham Sanctioning Russia Act of 2026”, by a margin of 86-11 sending the bill to the U.S. House of Representatives. Key provisions include: • Up to 500% tariffs on goods imported directly from Russia. • Up to 100% tariffs on imports from the largest purchasers of Russian crude oil and natural gas, as well as countries determined to be facilitating Russian sanctions evasion. • Expanded sanctions targeting Russian government officials, banks, energy companies, vessels involved in sanctions evasion, and entities supporting Russia's defense industrial base. • New restrictions on investment in Russia, Russian energy exports,

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