Trump grants 60-day Jones Act waiver to ease US energy shipping amid Iran tensions
President Trump temporarily waives the Jones Act for 60 days, allowing foreign-flagged ships to move goods between US ports to ease transport costs for energy and fertilisers as markets react to disruptions tied to the US-Israel–Iran tensions; the goal is to boost supply and potentially lower costs, but critics say relief may be limited and could affect American workers. Analysts expect only a modest pump-price impact (a few cents per gallon), while broader measures—sanctions tweaks and a large oil-reserve release—are being pursued to stabilize markets.
