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    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

    Published by Global Banking & Finance Review®

    Posted on May 30, 2025

    3 min read

    Last updated: January 23, 2026

    US Senator Graham: Senate to work on Russia sanctions bill next week - Headlines news and analysis from Global Banking & Finance Review
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    Tags:financial marketsforeign exchange

    Quick Summary

    The US Senate plans to vote on a Russia sanctions bill next week, aiming to impose tariffs on countries buying Russian oil. Senator Graham seeks bipartisan support to pressure Putin for peace.

    Senator Graham Announces Upcoming Senate Vote on Russia Sanctions

    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)

    Key Takeaways

    • •US Senate to vote on Russia sanctions bill next week.
    • •Bill proposes 500% tariff on goods from Russian oil buyers.
    • •Bipartisan support sought to pressure Putin for peace.
    • •House action on the bill remains uncertain.
    • •Ukraine calls for immediate ceasefire amid ongoing conflict.

    Frequently Asked Questions about US Senator Graham: Senate to work on Russia sanctions bill next week

    1What is the purpose of the new sanctions bill?

    The sanctions bill aims to impose more severe penalties on Russia over its ongoing war in Ukraine, with Senator Graham stating it would include 'bone-breaking sanctions' on Russia and its customers.

    2Who is sponsoring the sanctions bill?

    The bill is sponsored by Senator Lindsey Graham, a Republican from South Carolina, and has bipartisan support with 82 cosponsors, including Democratic Senator Richard Blumenthal.

    3What is the expected timeline for the sanctions bill?

    Senator Graham indicated that the Senate is set to start moving the sanctions bill next week, with House members also prepared to take action.

    4What has President Trump said about the sanctions?

    President Trump has expressed frustration with Russian President Vladimir Putin's actions and is expected to support the sanctions as a tool to bring Putin to the peace table.

    5What has Ukraine's response been to the proposed sanctions?

    Ukrainian President Zelenskiy has welcomed the legislation and called for a new round of U.S. sanctions on Russia, emphasizing the need for immediate action.

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