Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > US Senator Graham: Senate to work on Russia sanctions bill next week
    Headlines

    US Senator Graham: Senate to work on Russia sanctions bill next week

    US Senator Graham: Senate to work on Russia sanctions bill next week

    Published by Global Banking and Finance Review

    Posted on May 30, 2025

    Featured image for article about Headlines

    By Anastasiia Malenko

    KYIV (Reuters) -The U.S. Senate is set to move ahead next week with a bill imposing more sanctions on Russia over its three-year-old war in Ukraine, Senator Lindsey Graham said on Friday after talks with Ukrainian President Volodymyr Zelenskiy.

    Graham, a Republican from South Carolina, was accompanied on a visit to Kyiv by Connecticut Democratic Senator Richard Blumenthal who cosponsored the Senate sanctions measure, which sets a 500% tariff on goods imported from countries that buy Russian oil, gas, uranium and other products.

    Graham said the legislation, which had 82 cosponsors, would impose "bone-breaking sanctions" on Russia and its customers.

    "So, I would expect next week that the Senate will start moving the sanctions bill. There are House members that are ready to move in the House, and you'll see congressional action," he said.

    To become law, the measure must pass the Senate and House of Representatives and be signed by President Donald Trump. Trump has expressed frustration with Russian President Vladimir Putin's action in Ukraine but has held off on more sanctions, saying he worries they would hurt prospects for a peace deal.

    Graham said his aim was to muster bipartisan congressional support "for tools that would help President Trump get Putin to the peace table. These sanctions would do that."

    It was not immediately clear when the House might take up the sanctions bill, and Speaker Mike Johnson's office did not respond to a request for comment.

    Graham told a news conference that Putin was trying to drag out the peace process. Ukraine has called for an immediate ceasefire.

    After direct talks between Russia and Ukraine earlier this month yielded no progress on a ceasefire, Graham said he expected a second round, proposed by Russia for Monday in Turkey, would be little more than a "Russian charade."

    "When they talk about peace, it is all talk. Look at what they are doing on the ground and you will see that Putin is trying to delay, drag it out, prepare for another military assault to gain land by force of arms," Graham said.

    Washington already has sweeping sanctions on Russia in punishment for its February 2022 invasion of Ukraine. The U.S. also participates in international restrictions on Russian oil sales that impose a price cap and sanctions on oil tankers.

    Zelenskiy has called for a new round of U.S. sanctions on Russia and, writing on the Telegram messaging app on Friday, welcomed the legislation.

    (Additional reporting by Patricia Zengerle in Washington; editing by Ron Popeski and Cynthia Osterman)

    Related Posts
    US intercepts another vessel near Venezuela, officials say
    US intercepts another vessel near Venezuela, officials say
    France to build new aircraft carrier, Macron tells troops based in Gulf
    France to build new aircraft carrier, Macron tells troops based in Gulf
    Cricket-Ashes defeat heralds end of England's Bazball era
    Cricket-Ashes defeat heralds end of England's Bazball era
    Swiss interior minister open to social media ban for children
    Swiss interior minister open to social media ban for children
    Trump set to expand immigration crackdown in 2026 despite brewing backlash
    Trump set to expand immigration crackdown in 2026 despite brewing backlash
    Swedish customs says it has boarded Russian ship in Swedish waters to conduct inspection
    Swedish customs says it has boarded Russian ship in Swedish waters to conduct inspection
    Kremlin says peace prospects not improved by Europe, Ukraine changes to US proposals
    Kremlin says peace prospects not improved by Europe, Ukraine changes to US proposals
    Roche CEO points to higher future drug prices in Switzerland after US deal
    Roche CEO points to higher future drug prices in Switzerland after US deal
    Zelenskiy favours US proposal of three-way talks if it produces results
    Zelenskiy favours US proposal of three-way talks if it produces results
    UK's Prince William and son George volunteer at homelessness charity
    UK's Prince William and son George volunteer at homelessness charity
    US intercepts oil tanker off Venezuelan coast, officials say
    US intercepts oil tanker off Venezuelan coast, officials say
    US offers new talks format including Russia and Ukraine, Zelenskiy says
    US offers new talks format including Russia and Ukraine, Zelenskiy says

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    Escalating Russian airstrikes aim to cut Ukraine off from sea, Zelenskiy says

    Escalating Russian airstrikes aim to cut Ukraine off from sea, Zelenskiy says

    Stellantis CEO says investments at risk in Europe after EU auto package

    Stellantis CEO says investments at risk in Europe after EU auto package

    French presidential silverware keeper faces trial over suspected porcelain theft

    French presidential silverware keeper faces trial over suspected porcelain theft

    Ukraine and Portugal agree on co-production of Ukrainian sea drones

    Ukraine and Portugal agree on co-production of Ukrainian sea drones

    Italian police arrest 384, seize 1.4 tonnes of drugs in nationwide crackdown

    Italian police arrest 384, seize 1.4 tonnes of drugs in nationwide crackdown

    How Brazil's deadliest police raid turned into a bloodbath

    How Brazil's deadliest police raid turned into a bloodbath

    Bangladesh holds state funeral for slain youth leader amid tight security

    Bangladesh holds state funeral for slain youth leader amid tight security

    Ukraine says it hit Russian oil rig, patrol ship in Caspian Sea

    Ukraine says it hit Russian oil rig, patrol ship in Caspian Sea

    US, Russian officials meet in Florida for more Ukraine talks

    US, Russian officials meet in Florida for more Ukraine talks

    US hits ISIS in Syria with large retaliatory strikes, officials say

    US hits ISIS in Syria with large retaliatory strikes, officials say

    Australia PM says Jewish community 'completely unbreakable' after Bondi attack

    Australia PM says Jewish community 'completely unbreakable' after Bondi attack

    Russia's Dmitriev heading for US to meet Witkoff, Kushner, source says

    Russia's Dmitriev heading for US to meet Witkoff, Kushner, source says

    View All Headlines Posts
    Previous Headlines PostTrading Day: Markets 'tarrified' anew
    Next Headlines PostTrump's threat to destroy Iran nuclear sites a clear red line - Fars News