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Trump Extends Jones Act Waiver 90 Days to Ease U.S. Energy Shipping

The extension signals the government is using foreign tankers to bridge a capacity gap created by the Iran conflict.

Overview

  • The White House, which announced the move Friday, added 90 days to a March 60‑day waiver to keep shipments moving through mid‑August.
  • The Jones Act usually limits trips between U.S. ports to U.S.-built, U.S.-flagged, and U.S.-crewed ships, and the waiver lets foreign tankers carry crude, refined fuels, and fertilizer.
  • Phillips 66 has already moved Bakken crude from Texas to a Pennsylvania refinery on a Malta‑flagged ship under the policy.
  • Brent crude prices eased on the announcement, with the global benchmark slipping to about $104 a barrel.
  • Officials say the waiver sped deliveries and supports security needs, while maritime groups warn it could hurt U.S. shipyards and jobs and deliver only modest relief at the pump.