Trump waives Jones Act to address soaring gas prices from Iran war
By Steven Nelson
Published on March 18, 2026.
President Donald Trump has issued a 60-day waiver to prevent rising fuel prices from occurring due to the closure of the Strait of Hormuz. The act typically prevents foreign-flagged ships from transporting cargo between American ports. This move is part of a broader effort to mitigate short-term disruptions to the oil market.
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