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White House extends shipping waiver period to August to ease oil shortage

2026-07-05 17:49:48

Abstract generation in progress

ME News, April 24 (UTC+8), the Trump administration extended the transportation exemption related to the Jones Act for 90 days, aiming to facilitate the transportation of oil, fuel, and fertilizer within the United States. The decision extends the existing exemption, originally set to expire on May 17, by approximately three months, allowing vessels flying foreign flags to transport goods between U.S. ports until mid-August. Normally, under the Jones Act of 1920, goods transported by water between U.S. domestic ports must be carried on vessels that are U.S.-flagged, U.S.-built, and U.S.-owned. Trump's exemption temporarily removes these restrictions for coal, crude oil, refined petroleum products, natural gas, natural gas liquids, fertilizer, and other energy derivatives. (Source: PANews)

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