Trump extends Jones Act waiver by 90 days to curb energy costs

business

President Donald Trump has granted a 90-day extension to a shipping waiver designed to make it easier to move oil, fuel, and fertilizer around the United States. Announced on Friday, the extension is the latest effort by the White House to curb rising energy costs and counter supply disruptions tied to the war with Iran.

The measure extends a waiver of the Jones Act, which allows international ships to carry goods between U.S. ports. This action is specifically aimed at easing the shipment of foreign oil to help lower energy prices.

The move is part of a broader U.S. push to prevent politically sensitive fuel price spikes before the midterm elections in November.

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