US Secretary of State Marco Rubio announced a 60-day administrative pause to study the impact of new Russian sanctions and potential tariffs on partners like India.
President Trump used a waiver provision in the Lindsey Graham Act to hold off tariffs of up to 100% on India and four other nations buying Russian oil and gas.
The review aims to weigh sanctions against severe disruptions to global energy supplies caused by the Ukraine war, Iran war, and Houthi attacks on Saudi Arabia.