Trump extends Jones Act waiver 90 days, narrows it to energy and commodities
US President Donald Trump on Monday extended for 90 days a waiver under the century-old Jones Act that allows foreign-flagged vessels to transport oil and other key commodities between US ports. The move came amid energy supply disruptions and elevated fuel costs, and it was announced shortly before the previous waiver was due to expire in mid-August. A White House official said the new waiver is narrower in scope than earlier ones and focuses more directly on critical energy resources. The updated exemption applies to vessels carrying gasoline, diesel, crude oil, heating oil, liquefied natural gas (LNG), soybean oil and... [Continue Reading]
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