Trump signs Russia sanctions law with shadow fleet in the crosshairs

AI Summary

President Trump signed a sanctions law targeting Russia’s oil trade and its tanker fleet, enhancing and extending sanctions against Russia and Iran. The legislation aims to curb Moscow's energy exports and the shipping network that supports them.

President Donald Trump signed sweeping new sanctions legislation on Friday targeting Moscow’s oil trade and the tanker fleet that supports it. The White House confirmed Trump had signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, expanding statutory sanctions, tariffs and prohibitions against Russia while extending existing measures against Iran. For shipping, …