Trump Extends Narrow Jones Act Waiver to Stabilize Fuel Flows Amid Iran Turmoil

TL;DR
The Trump administration narrowed and extended the Jones Act waiver for 90 days to keep fuel moving as Iran-related turmoil roils global oil markets; the latest extension applies only to certain energy shipments and requires Pentagon consultation on a per-voyage basis, with midterm elections and falling U.S. oil inventories adding to the pressure.
- Trump extends limited waiver of shipping law to keep oil flowing in U.S. amid Iran war CNBC
- Trump Extends Narrowed Waiver of US Jones Act Shipping Mandates Bloomberg.com
- Trump extends Jones Act waiver 90 days for foreign ships moving energy, fertilizers AP News
- Trump again waives shipping rules to bring prices down The Hill
- Trump extends Jones Act waiver for 90 days, narrows scope Reuters
Want the full story? Read the original reporting
Read on CNBC