Trump waives US shipping law for oil and gas in bid to lower prices
Move comes as president attempts to mitigate rising price of oil while carrying out war on IranSign up for the Breaking News US email to get newslette...
Last updated: 2026-03-20 22:59:12 ET
Move comes as president attempts to mitigate rising price of oil while carrying out war on IranSign up for the Breaking News US email to get newslette...
President Trump on Wednesday temporarily eased a century-old law that limits shippers from transporting energy products around the U.S.
The Jones Act restricts which ships can carry goods between U.S. ports. Experts say temporarily lifting the act will do little to affect gas prices.
President Donald Trump on Wednesday took the much-anticipated step of waiving a 1920 law known as the Jones Act in an effort to combat soaring prices ...
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