U.S. implements 60-day pause on Russian sanctions to assess global economic impact

U.S. Secretary of State Marco Rubio confirmed a 60-day waiver on certain Russian sanctions and tariffs to analyze their global economic implications.

President Donald Trump waived key provisions of the Graham Act, offering relief to major oil importers like India amidst global energy supply pressures.

The temporary pause drew sharp criticism from several U.S. lawmakers across parties who questioned the suspension of the recently passed legislation.