{"id":65036,"date":"2026-07-19T08:38:11","date_gmt":"2026-07-19T12:38:11","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-urges-iran-inclusion-in-russia-sanctions-bill-amid-escalating-gulf-infrastructure-attacks\/65036\/"},"modified":"2026-07-19T08:38:11","modified_gmt":"2026-07-19T12:38:11","slug":"trump-urges-iran-inclusion-in-russia-sanctions-bill-amid-escalating-gulf-infrastructure-attacks","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-urges-iran-inclusion-in-russia-sanctions-bill-amid-escalating-gulf-infrastructure-attacks\/65036\/","title":{"rendered":"Trump Urges Iran Inclusion in Russia Sanctions Bill Amid Escalating Gulf Infrastructure Attacks"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>President Trump<\/strong> has formally called on Republicans to add <strong>Iran<\/strong> to the <strong>Lindsey O. Graham Sanctioning Russia Act of 2026<\/strong>, a move that could trigger <strong>100% secondary tariffs<\/strong> on major global energy purchasers.<\/li>\n<li><strong>Iranian forces<\/strong> launched a second wave of missile and drone strikes against <strong>Kuwaiti power and water desalination plants<\/strong> on July 19, causing fires and disrupting a &quot;large number&quot; of generation units.<\/li>\n<li><strong>Global energy markets<\/strong> are reacting to the heightened risk, with <strong>Brent Crude (<a href=\"\/stock\/BRENT\">BRENT<\/a>)<\/strong> surging past <strong>$78 per barrel<\/strong> as the conflict threatens critical infrastructure in the <strong>Strait of Hormuz<\/strong>.<\/li>\n<li>The proposed legislation targets the <strong>&quot;shadow fleet&quot;<\/strong> of oil tankers and imposes mandatory sanctions on <strong>Russian and Iranian political leaders<\/strong>, including <strong>Vladimir Putin<\/strong>.<\/li>\n<\/ul>\n<h2>Trump Pushes for Unified Sanctions Front<\/h2>\n<p>U.S. President <strong>Donald Trump<\/strong> urged Republican lawmakers on Sunday to expand the scope of the pending <strong>Russia sanctions bill<\/strong> to include <strong>Iran<\/strong>. Writing on social media, the President stated that the move aligns with the original vision of the late Senator <strong>Lindsey Graham<\/strong>, who championed the legislation until his recent death.<\/p>\n<p>The <strong>Lindsey O. Graham Sanctioning Russia Act of 2026<\/strong> already boasts over <strong>60 bipartisan co-sponsors<\/strong>, enough to clear a Senate filibuster. The bill is designed to &quot;bone-crush&quot; the financial foundations of adversaries by imposing <strong>mandatory sanctions<\/strong> on financial institutions like <strong>Sberbank<\/strong> and <strong>Gazprombank<\/strong>, as well as state-owned energy projects such as <strong>Arctic LNG 2<\/strong>.<\/p>\n<h2>Iranian Strikes Cripple Kuwaiti Infrastructure<\/h2>\n<p>On the ground in the Middle East, the <strong>Kuwaiti Ministry of Electricity, Water and Renewable Energy<\/strong> confirmed that a major power and water desalination plant was struck for the second time in 48 hours. The <strong>July 19 attack<\/strong> involved &quot;treacherous Iranian aggression&quot; using missiles and drones, resulting in significant fires and the loss of multiple electricity generation units.<\/p>\n<p>These strikes highlight a critical vulnerability in the region, where <strong>90% of Kuwait\u2019s drinking water<\/strong> is produced through desalination. The escalation follows a week of successive <strong>U.S. airstrikes<\/strong> on Iranian military facilities, with Tehran retaliating against U.S.-aligned infrastructure across the <strong>Persian Gulf<\/strong>.<\/p>\n<h2>Market Implications and Energy Security<\/h2>\n<p>The dual threat of expanded legislative sanctions and physical infrastructure damage has sent shockwaves through the energy sector. <strong>Brent Crude (<a href=\"\/stock\/BRENT\">BRENT<\/a>)<\/strong> and <strong><a href=\"https:\/\/stockmarketwatch.com\/energy\/crude-oil\" data-internallinksmanager029f6b8e52c=\"12\" title=\"Crude oil\">West Texas Intermediate<\/a> (<a href=\"\/stock\/WTI\">WTI<\/a>)<\/strong> are trading higher as traders price in a renewed &quot;Middle East risk premium.&quot;<\/p>\n<p>The <strong>International Energy Agency (IEA)<\/strong> has warned that the ongoing 2026 conflict represents one of the largest supply disruptions in history. If the <strong>Trump-backed amendment<\/strong> passes, countries like <strong>China<\/strong> and <strong>India<\/strong> could face <strong>100% tariffs<\/strong> on energy imports if they continue to facilitate Russian or Iranian oil trades, potentially reshaping global trade flows for the remainder of the decade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways President Trump has formally called on Republicans to add Iran to the Lindsey O. Graham Sanctioning Russia Act [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[4491,4664,5196,5213,5551,7770,19153,20183],"class_list":["post-65036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-energy-markets","tag-iran","tag-russia","tag-sanctions","tag-iea","tag-kuwait","tag-brent-crude-brent-stock-brent","tag-wti-crude-wti-stock-wti"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/65036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=65036"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/65036\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=65036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=65036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=65036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}