Trump Plans to Extend Measures Easing U.S. Oil Shipping Restrictions

Odaily News Trump has made it easier to transport oil within the United States by suspending a controversial maritime law, the Jones Act, during the Iran war—and now he wants to keep it that way. The 1920 law, known as the Jones Act, increases shipping costs between U.S. ports by requiring that goods be transported on U.S.-flagged vessels.

In response to rising fuel prices due to the Iran war, Trump issued a 60-day waiver of the law on March 18 to streamline oil transportation. According to data provided by the White House, since then, 40 oil tankers have been able to transport oil between U.S. ports from California to Texas, Florida, and Alaska, increasing the actual available fleet size by 70%, thereby helping to reduce costs. (Jin10)