Trump Administration Weighs Waiver Of 100-Year-Old Jones Act To Ease Oil Prices: Report

1 hour ago

Last Updated:March 12, 2026, 21:19 IST

The Trump administration may temporarily waive a century-old law requiring American-built ships for transporting goods between US ports to curb rising oil prices.

US President Donald Trump (AFP)

US President Donald Trump (AFP)

The Trump administration considers issuing temporary waivers for a century-old maritime law requiring American-built ships to be used to transport goods between US ports as part of its effort to stop surging oil prices, according to people familiar with the matter, Bloomberg reported.

Location :

Washington D.C., United States of America (USA)

First Published:

March 12, 2026, 21:19 IST

News world Trump Administration Weighs Waiver Of 100-Year-Old Jones Act To Ease Oil Prices: Report

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