Rubio explains Trump's sanctions waiver on Russia: Weighing pros and cons

US Secretary of State Marco Rubio said President Donald Trump signed an order waiving sanctions against Russia under the "Graham law" to analyze their potential impact on the US and global economy over 60 days. Rubio explained the sanctions affected not only Russia but also imposed tariffs on countries like India, so the administration needs time to weigh the consequences for global and American economies. He noted global energy prices are influenced by conflicts in Iran, the Strait of Hormuz, Houthi attacks on Saudi Arabia, and the Russia-Ukraine war. Rubio dismissed claims the decision benefits Russian President Vladimir Putin, arguing Russian diesel would reach the world market regardless, and cited a previous 60-day exemption for Russian oil during Hormuz tensions. He emphasized that current global conflicts are interconnected and require careful handling.