Russia sanctions waiver: Rubio calls India 'important ally' says it is hard to pivot energy portfolio in one day
A day after US President Donald Trump announced he would waive key sanctions related to Russia under the Graham Act, Marco Rubio explained why the US waived some energy tariffs.
On Saturday, US Secretary of State Marco Rubio explained why the United States waived certain energy tariffs imposed on Russia, despite President Donald Trump's announcement of waiving key sanctions under the Graham Act. Rubio stated that while India has diversified its energy imports, it would be challenging for the country to shift away from Russian imports in a single day.
The waiver came after Trump exempted India, along with four other major buyers of Russian crude oil and gas, from the tariffs. Rubio, who is set to embark on a week-long tour of India and Uzbekistan, emphasized that the sanctions were lifted so the US President can take a 60-day period to evaluate the economic implications of imposing sanctions and tariffs on Russia and other nations.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
