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President Donald Trump is temporarily suspending a key U.S. shipping rule as the Iran conflict tightens its grip on global energy markets.
The White House confirmed Wednesday that Trump issued a 60-day waiver of the Jones Act, the century-old law requiring goods shipped between U.S. ports to travel on American-built, American-owned vessels crewed mostly by U.S. citizens.
The move is aimed at easing pressure as oil prices surge and supply routes get squeezed.
“President Trump’s decision to issue a 60-day Jones Act waiver is just another step to mitigate the short-term disruptions to the oil market as the U.S. military continues meeting the objectives of Operation Epic Fury,” White House press secretary Karoline Leavitt said in a statement on X. “This action will allow vital resources like oil, natural gas, fertilizer, and coal to flow freely to U.S. ports for sixty days, and the Administration remains committed to continuing to strengthen our critical supply chains…
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