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politics5h ago

Trump waives US shipping law for oil and gas in bid to lower prices

https://www.theguardian.com/world/2026/mar/18/trump-shipping-oil-gas-lawhttps://www.cnbc.com/2026/03/18/trump-jones-act-oil-iran-war.htmlhttps://nypost.com/2026/03/18/us-news/trump-waives-jones-act-to-address-soaring-gas-prices-from-iran-war/
Theguardian.com and 9 more
Trump waives US shipping law for oil and gas in bid to lower prices Open in Theguardian.com
Highlights
  • The White House suspended Jones Act requirements for 60 days to counter oil-price pressures and cargo disruptions amid the Iran war.
  • Officials say the waiver is targeted and temporary, aimed at mitigating short-term disruptions and helping critical resources reach U.S. ports.
  • Analysts expect only modest near-term price relief, with possible small cuts on the East Coast and mixed effects elsewhere.

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References

Trump waives U.S. shipping law for 60 days to steady oil market

https://www.cnbc.com/2026/03/18/trump-jones-act-oil-iran-war.htmlCnbc.com
Trump waives U.S. shipping law for 60 days to steady oil market

Trump waives Jones Act to address soaring gas prices from Iran war

https://nypost.com/2026/03/18/us-news/trump-waives-jones-act-to-address-soaring-gas-prices-from-iran-war/Nypost.com
Trump waives Jones Act to address soaring gas prices from Iran war

U.S. eases Venezuela oil sanctions as Trump seeks to boost oil supply during Iran war

https://www.nbcnews.com/business/energy/us-eases-venezuela-oil-sanctions-trump-seeks-boost-oil-supply-iran-war-rcna264109Nbcnews.com
U.S. eases Venezuela oil sanctions as Trump seeks to boost oil supply during Iran war

What is the Jones Act? Trump issues 60-day waiver of century-old law amid Iran war

https://www.independent.co.uk/news/world/americas/us-politics/jones-act-waiver-trump-oil-prices-shipping-b2941129.htmlIndependent.co.uk
What is the Jones Act? Trump issues 60-day waiver of century-old law amid Iran war

Trump waives Jones Act for 60 days in bid to free up the flow of oil to US ports

https://www.foxbusiness.com/politics/trump-waives-jones-act-60-days-bid-free-up-flow-oil-usFoxbusiness.com
Trump waives Jones Act for 60 days in bid to free up the flow of oil to US ports

Trump temporarily waives the Jones Act to try to lower gasoline prices. Will it work?

https://www.npr.org/2026/03/18/nx-s1-5751854/gas-prices-trump-jones-act-iranNpr.org
Trump temporarily waives the Jones Act to try to lower gasoline prices. Will it work?

What to know about the Jones Act as the Trump administration unveils a 60-day waiver

https://www.pbs.org/newshour/politics/what-to-know-about-the-jones-act-as-the-trump-administration-unveils-a-60-day-waiverPbs.org
What to know about the Jones Act as the Trump administration unveils a 60-day waiver

Trump temporarily waives century-old shipping law amid rising fuel costs

https://www.aljazeera.com/economy/2026/3/18/trump-temporarily-waives-century-old-shipping-law-amid-rising-fuel-costsAljazeera.com
Trump temporarily waives century-old shipping law amid rising fuel costs

US eases Venezuela oil sanctions as Trump seeks to boost world oil supply during Iran war

https://apnews.com/article/trump-iran-war-venezuela-oil-supplies-prices-3a3ca446459b3ab0127c08ad0808cc15Apnews.com
US eases Venezuela oil sanctions as Trump seeks to boost world oil supply during Iran war

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