April 24, 2026

Trump extends Jones Act waiver for 90 days

President Trump announced a 90-day extension of the Jones Act waiver to help lower fuel prices as the war in Iran continues.
The waiver allows more than 40 tankers to transport oil and goods between U.S. ports, increasing shipping availability by over 70%.
Supporters argue the waiver reduces shipping costs, while critics claim it undermines the domestic maritime industry and has not lowered gasoline prices.