Trump mulls extending shipping waiver to ease US oil shipments, Axios reports

Trump mulls extending shipping waiver to ease US oil shipments, Axios reports

April 21 (Reuters) - U.S. President Donald Trump ‌is considering extending ‌the Jones Act waiver, which ​allows foreign-flagged cargo ships to move fuel and other goods ‌between ⁠domestic ports, Axios reported on Tuesday, ⁠citing U.S. officials.

Reuters

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Trump waived Jones Act ​limitations for ​60 ​days starting March ‌17, hoping the move would help tame the surge in fuel prices caused by ‌the Iran ​war by ​increasing ​shipments from ‌the U.S. Gulf Coast ​to ​other coastal markets in the country.

(Reporting ​by ‌Ismail Shakil and Kanishka ​Singh; Editing by ​Christian Martinez)

 

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