Trump Extends Jones Act Waiver for 90 Days with New Restrictions Amid Iran War
President Donald Trump extended a waiver of the Jones Act for another 90 days, allowing foreign-flagged ships to transport oil, fertilizers, and other commodities between U.S. ports, but imposed new limits after pressure from shipbuilders. The extension, effective August 17, aims to keep fuel costs down as the war in Iran disrupts crude oil flows.
