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Mar 13, 2026 4:50 AM

Trump Mulls Jones Act Waiver To Combat Iran-Related Oil Supply Snarls: Report

The Trump administration is considering a temporary waiver of the Jones Act to enable the smooth transit of energy and agricultural shipments between U.S. ports, Reuters reported on Thursday, citing a statement by Press Secretary Karoline Leavitt.

The decision is yet to be finalized, according to the report.

Besides supply disruptions, this move aims to address the surge in fuel prices triggered by the U.S.–Israeli war with Iran. The temporary waiver would permit foreign vessels to transport fuel between U.S. ports, potentially reducing shipping costs and accelerating deliveries.

However, seven maritime labor unions have criticized the proposal, arguing that gasoline prices are primarily driven by crude oil prices, not shipping costs, reported the publication.

White House did not immediately respond to Benzinga‘s request for comment.

What Is The Jones Act?

The Jones Act, formally known as ...