The Senate on Tuesday advanced sweeping new sanctions targeting Russia, moving long-stalled legislation that supporters say would squeeze one of the Kremlin’s most important sources of wartime revenue.
The Senate voted 86-12, clearing the way for legislation named for the late Sen. Lindsey Graham, the South Carolina Republican whose death this month spurred supporters to try to get it done.
The legislation would authorize the president to impose tariffs of up to 100% on the largest purchasers of Russian energy, while also targeting Russian officials, oligarchs, banks and other supporters of Moscow’s war effort and vessels in Russia’s so-called shadow fleet.