White House weighs extending Jones Act waivers as Iran conflict raises price concerns
Officials say the waiver has helped increase shipping capacity and ease supply pressures as domestic crude holds near $80 a barrel.
- The White House is weighing a third extension of Jones Act waivers allowing foreign ships to transport goods between American ports, as renewed conflict with Iran raises concerns about energy prices and supply disruptions.
- President Donald Trump first granted the waiver in March to help ease supply chain shortages; the Jones Act, formally the Merchant Marine Act, requires goods moved between American ports to travel on American-built, owned, and crewed ships.
- Supporters say the exemption ensures refineries remain supplied, with data showing at least 172 coastal transits that have helped keep gasoline and diesel prices stable despite ongoing fighting around the Strait and Hormuz.
- Backlash has grown among Republican lawmakers, including House Speaker Mike Johnson and House Majority Leader Steve Scalise, who urged The Administration earlier this month to end the waiver, arguing it undermines American maritime industry.
- Officials are weighing options ahead of a potential decision before the end of July, including renewing the waiver with geographic restrictions to balance supply pressures against concerns from Critics.
14 Articles
14 Articles
White House weighs extending Jones Act waivers as Iran war continues
The White House is weighing another extension of Jones Act waivers allowing foreign ships to transport goods between U.S. ports as renewed conflict with Iran raises concerns about energy prices and supply disruptions, two sources familiar with the discussions said today. The post White House weighs extending Jones Act waivers as Iran war continues appeared first on The Garden Island.
Trump Officials Move Toward Renewing Shipping Waiver for Fuel
Trump administration officials are advancing plans to extend a shipping waiver that’s made it easier to move oil, fuel and fertilizer around the US, as the renewed war in Iran raises the prospect of prolonged supply disruptions.
Jones Act Waiver: Navigating the Tides of U.S. Energy Policy | Science-Environment
The White House is considering extending waivers for foreign ships transporting goods between U.S. ports amidst energy price concerns due to conflicts with Iran. The debate over the Jones Act waiver highlights tension between supply chain issues and maritime industry interests.
White House weighs extending Jones Act waivers as Iran war continues | Honolulu Star-Advertiser
The White House is weighing another extension of Jones Act waivers allowing foreign ships to transport goods between U.S. ports as renewed conflict with Iran raises concerns about energy prices and supply disruptions, two sources familiar with the discussions said today.
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