Rubio: Trump Has Up to 60 Days to Review Russia Sanctions Waiver Impact

As seen on the 24/7 Wall St. homepage on October 18, 2026.

Kalshi @kalshi

Russian barrels stay in play for up to 60 more days, keeping a lid on crude and the energy names levered to sanctions risk until the review lands.

JUST IN: Secretary of State Marco Rubio says Trump will take up to 60 days to review the economic impact of his Russia sanctions waiver https://t.co/GdMvcDvEFg
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Secretary of State Marco Rubio confirmed on October 18 that President Trump will take up to 60 days to review the economic impact of his Russia sanctions waiver, leaving Russian barrels in play and the energy names most exposed to sanctions risk under pressure.

Investors positioned for a swift resolution on the Russia trade now face a longer wait, and the review outcome will reprice oil supply expectations and the stocks levered to it.

Investors positioned for a swift resolution on the Russia trade now face a longer wait, with the review outcome holding the potential to reprice both oil supply expectations and the stocks levered to that outcome.

Until Rubio or the White House signals where the review is heading, the sanctions waiver story stays unresolved and the pressure on energy names tied to that risk does not lift.

Sources

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