• Economy
  • Investing
  • Politics
  • Sports
  • Editor’s Pick
Market Gains Updates
Politics

Lindsey Graham says Trump backs Russia sanctions bill

by January 8, 2026
by January 8, 2026

President Donald Trump is in favor of a Senate bill to impose new sanctions on Russia, Sen. Lindsey Graham, R-S.C., said Wednesday.

Graham made the statement after meeting with Trump, saying the Senate could vote on the legislation ‘hopefully as early as next week.’ A bipartisan group of senators has been drafting the suite of sanctions and negotiating to secure White House support for months.

‘After a very productive meeting today with President Trump on a variety of issues, he greenlit the bipartisan Russia sanctions bill that I have been working on for months with Senator [Richard] Blumenthal and many others,’ Graham said Wednesday.

‘Ukraine is making concessions for peace and Putin is all talk, continuing to kill the innocent,’ he added.

The bill seeks to dry up funding for Russia’s war machine, both by targeting Russian industries as well as other countries that purchase Russian oil, such as China and India.

Agreement on the bill came just as U.S. forces on Wednesday seized two sanctioned tankers in the Atlantic Ocean. The first was the Russian-flagged Marinera oil tanker in the North Atlantic Sea, while the second was the M/T Sophia, in the Caribbean.

The North Atlantic Sea seizure comes after the Wall Street Journal reported on Tuesday that Russia had sent a submarine and other naval assets to escort the tanker.

The vessel had spent more than two weeks attempting to slip past U.S. enforcement efforts targeting sanctioned oil shipments near Venezuela, the outlet reported.

‘The blockade of sanctioned and illicit Venezuelan oil remains in FULL EFFECT — anywhere in the world,’ said Secretary of War Pete Hegseth after the tanker was seized.

Trump announced a blockade of all sanctioned oil tankers going in and out of Venezuela in mid-December.

Meanwhile, U.S. forces say the M/T Sophia was conducting ‘illicit activities’ in the Caribbean and is being escorted by the U.S. Coast Guard to the United States for ‘final disposition.’

‘Through Operation Southern Spear, the Department of War is unwavering in its mission to crush illicit activity in the Western Hemisphere. We will defend our Homeland and restore security and strength across the Americas,’ said SOUTHCOM.

U.S. Navy SEALs flown by the 160th Special Operations Aviation Regiment (‘Night Stalkers’) seized the sanctioned Marinera tanker, previously named Bella 1, between Iceland and Britain, officials told Fox News.

Fox News’ Ashley Carnahan and Lucas Tomlinson contributed to this report.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
NCAA women’s basketball watch guide: SEC clash is weekend’s top game
next post
US may be involved in Venezuela for years, Trump says

You may also like

Trump plans to meet with Venezuela opposition leader...

January 9, 2026

17 Republicans rebel against House GOP leaders, join...

January 9, 2026

European allies working on plan if US acts...

January 8, 2026

House passes nearly $180B funding package after conservative...

January 8, 2026

Dozens of House Republicans defy Trump, join Democrats...

January 8, 2026

National security experts sound alarm over CCP-linked land...

January 8, 2026

Trump admin reportedly considers paying each Greenland resident...

January 8, 2026

Trump blasts GOP war powers defectors, says they...

January 8, 2026

Trump calls for $1.5T defense budget to build...

January 8, 2026

JD Vance announces multi-state fraud task force in...

January 8, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Top News

    Trump Media to merge with nuclear fusion company

    December 20, 2025

    Shopify says a daylong Cyber Monday outage has...

    December 3, 2025

    Prada Group says it has purchased fashion rival...

    December 3, 2025

    Dell family donation to offer 25 million kids...

    December 3, 2025

    Starbucks to pay about $35M to NYC workers...

    December 3, 2025

    • About us
    • Contacts
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions

    Copyright © 2025 MarketGainsUpdates.com All Rights Reserved.

    Market Gains Updates
    • Economy
    • Investing
    • Politics
    • Sports
    • Editor’s Pick