New Delhi, Sept. 19 -- US President Donald Trump signed the Sanctioning Russia and Iran Act on Friday, which seeks to impose steep levies on Moscow and its top energy buyers such as China and India.

"On Friday, September 18, 2026, the President signed into law: H.R. 5334, the "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026," which authorizes and expands statutory sanctions, tariffs, and prohibitions on Russia and extends existing sanctions on Iran," the White House said.

The development came days after the House of Representatives passed the Sanctioning Russia and Iran Act, which seeks to impose sanctions on Russia's leadership and energy sector - as well as on collaborators in Moscow's defence industry and its so-called shad...