Roger Wicker

A bipartisan group of senators, including Sen. Lindsey Graham, R-S.C., pictured — on Friday reached an agreement with the Trump administration on a long-stalled effort to sanction buyers of Russian energy resources. File Photo by Bonnie Cash/UPI | License Photo

July 10 (UPI) — A bipartisan group of senators on Friday reached an agreement with the Trump administration on a long-stalled effort to sanction buyers of Russian energy resources.

First introduced in 2025, the Sanctioning Russia Act would have imposed 500% tariffs on countries purchasing petroleum and natural gas from Russia.

But the legislation — spearheaded by Sens. Lindsey Graham, R-S.C., and Richard Blumenthal, D-Conn. — has repeatedly failed to pass muster.

The senators now believe they finally have a version of the bill that could be approved in both chambers and signed into law by the president.

“As Russia intensifies its slaughter of civilians, it is imperative that the legislative and executive branches work together to create tools to exact a heavy price on those who buy Russian oil and natural gas, fueling the Putin war machine,” the senators said in a statement.

Senate Armed Services Chairman Roger Wicker, R-M.S., and Senate Foreign Relations Ranking Member Jeanne Shaheen, D-N.H., also signed into the statement.

The senators did not provide details on the updated text of the legislation.

Speaking to reporters in Kyiv on Friday, however, Graham said he’s “never been more optimistic than I am today that we have the formula to end this war.”

He added he hopes the sanctions will “help Ukraine be more lethal [and] let those supporting Russia to know it’s going to be a price to be paid if you keep doing it,” Ukrinform reported.

President Donald Trump this week pardoned former U.S. Rep. Stephen Buyer, R-Ind., who was convicted in 2023 on four counts of securities fraud for stock trades about mergers that he made before the information had been made public. Photo by Shawn Thew/UPI | License Photo

June 6 (UPI) — President Donald Trump pardoned former U.S. Rep. Stephen Buyer, R-Ind., who was convicted on four counts of securities fraud in 2023 after he left Congress.

Buyer had been convicted and sentenced to 22 months in prison after he was charged with trading stock based on two mergers he knew about based on work at his consulting firm, ABC News and The New York Times reported.

The two mergers he based trades on were T-Mobile’s deal to acquire Sprint and the professional services firm Guidehouse’s deal to buy its competitor Navigant.

In a proclamation released Thursday by the White House, President Donald Trump included a list of current and former members of members of Congress, including Sens. Roger Wicker and Lindsey Graham and Reps. Pet Sessions and Jack Bergman, among several others.

“Mr. Buyer’s career serving as a judge advocate general in the United States Army and as a member of the U.S. House of Representatives from the State of Indiana was distinguished and highly productive,” Trump said.

Buyer was first elected to Congress in 1992, retired from the House in 2010 and then formed his consulting company.

The trades he made based, which were based on executives of the companies he was working for, netted him well over $330,000 in profit when he sold shares of the companies after the mergers were announced.

During his time in Congress, Buyer also was a House prosecutor during the impeaching of former President Bill Clinton in the late 1990s.