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

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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.
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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.
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tags :donald trumpClick here to add News18 as your preferred news source on Google. Check US Israel Iran War News Latest Updates, Stock Market Live, Dubai News Today and LPG Crisis In India.view commentsLocation :Washington D.C., United States of America (USA)First Published:March 12, 2026, 21:19 ISTNews world Trump Administration Weighs Waiver Of 100-Year-Old Jones Act To Ease Oil Prices: ReportDisclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.Loading comments…Read More



