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OfficialShipping, energy & marketsBackgroundWashington, United States

Trump issues 60-day Jones Act waiver to ease fuel shipping during the war

Mountain Time
Local time
10:17 AM in New York
Where
Washington, United States

White House press secretary Karoline Leavitt said the waiver lets oil, natural gas, fertilizer and coal move between U.S. ports on foreign ships for 60 days to mitigate short-term oil market disruptions from Operation Epic Fury.

Why it matters

The Center for American Progress estimated a waiver would cut gasoline prices by only about three cents a gallon, underscoring the limits of U.S. tools against the Gulf supply shock.

Sources (2)

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