TheWhiteHouseextendsshippingwaiverperiodtoAugusttoeaseoilshortage.

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