Rubio, Jaishankar Discuss Sanctions Risks as India Raises Concerns Over Russia-Iran Bill

  • Marco Rubio and Subrahmanyam Jaishankar discussed potential US sanctions targeting trade with Russia and Iran.
  • 100% tariffs could apply within 30 days to goods from major Russian-energy buyers.
  • India reiterated concerns over SRIA as its Russian-oil purchases rose again in early 2026.

US Secretary of State Marco Rubio and Indian External Affairs Minister Subrahmanyam Jaishankar discussed potential US sanctions on countries engaging economically with Russia and Iran during a meeting in New York. Jaishankar reiterated India’s concerns over the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, or SRIA, signed into law last week by President Donald Trump. The legislation requires tariffs of up to 100% within 30 days on goods imported from the five largest buyers of Russian crude oil or gas, as well as countries that knowingly purchase Russian energy after the law’s enactment or help Russia evade sanctions. India is among the largest buyers of Russian oil, with purchases rising again in early 2026 after a brief decline. The officials also discussed the situations in the Gulf and Ukraine.

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