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BackTrump Extends Jones Act Waiver by 90 Days to Curb Rising Energy Costs
Trump Extends Jones Act Waiver by 90 Days to Curb Rising Energy Costs
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Economic Times4/24/2026PoliticsIndia

Trump Extends Jones Act Waiver by 90 Days to Curb Rising Energy Costs

Waiver allowing foreign vessels to transport oil and fertilizer extended through mid-August as fuel prices become election issue

jones act waiverenergy costsforeign shipping

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  • President Trump has granted a 90-day extension to the Jones Act shipping waiver, allowing foreign-flagged vessels to transport oil, fuel and fertilizer between U.S. ports through mid-August.
  • The extension, announced three weeks before the May 17 expiration, aims to combat rising energy costs linked to the war with Iran.
  • The move comes as polling shows Republicans losing ground on economic handling ahead of November's midterm elections.

AI-generated summary

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President Trump has granted a 90-day extension to the Jones Act shipping waiver, allowing foreign-flagged vessels to transport oil, fuel and fertilizer between U.S. ports through mid-August. The extension, announced three weeks before the May 17 expiration, aims to combat rising energy costs linked to the war with Iran. The move comes as polling shows Republicans losing ground on economic handling ahead of November's midterm elections.

Read the full article on Economic Times

Related Topics

jones act waiver
Topicsenergy costsforeign shippingtrump administrationmidterm electionsfuel pricesiran war
This article was originally published by Economic Times.

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