US Russia Sanctions Act 2026: Up to 100% Tariff on Russian Oil Buyers | Current Affairs MCQ

In this Current Affairs MCQ, learn about the newly enacted U.S. Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 and its provisions related to tariffs on countries purchasing Russian energy.

The law, signed by U.S. President Donald Trump on 18 September 2026, authorizes tariffs of up to 100% on goods imported from certain countries that are among the largest purchasers of Russian crude oil or natural gas, as well as certain countries facilitating Russian oil sanctions evasion.

Under the enacted provisions, the tariff authority can apply to the five largest purchasers of Russian oil and natural gas and five top facilitators of Russian oil sanctions evasion, subject to the conditions specified in the law. The tariffs are not automatically imposed on every country; the legislation gives the U.S. administration authority to determine the applicable countries and tariff rates.

Question: The newly enacted U.S. “Lindsey O. Graham Sanctioning Russia and Iran Act of 2026” authorizes the President to impose tariffs of up to what percentage on certain major third-party importers of Russian crude oil or natural gas?

Answer: 100%

This is an important International Relations, Economy, Trade and Geopolitics Current Affairs topic for UPSC, SSC, Railway, Banking, Defence, State PCS and other competitive examinations.

Channel: Current Affairs Studio
Topic: U.S. Russia Sanctions Act 2026
Maximum Tariff: Up to 100%
Law: Lindsey O. Graham Sanctioning Russia and Iran Act of 2026
Category: International Relations, Economy & Current Affairs