US President Donald Trump has extended a temporary Jones Act waiver by 90 days, easing domestic shipping restrictions to stabilise fuel supply and oil prices amid market volatility.
Washington DC: The United States administration has extended a temporary waiver of the Jones Act by 90 days, allowing foreign-flagged vessels to transport goods between US ports as part of efforts to manage disruptions in the oil and fuel market.
According to AP reports, the decision comes amid volatility in global energy prices and supply chain pressures linked to geopolitical tensions, including the ongoing Iran conflict, which has affected crude oil flows and refinery operations.
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The waiver, originally introduced for a limited period, temporarily relaxes the 1920 Jones Act, a law that typically requires goods transported between US ports to be carried on American-built and American-flagged ships.
Under the waiver, foreign vessels have been permitted to move key commodities such as fuel, fertiliser, and crude oil within the United States to ease supply constraints.
Recent shipping data showed a Malta-flagged tanker transporting Bakken crude from Texas to refineries in Pennsylvania, highlighting how the exemption has been used to support domestic fuel distribution.
The policy move is aimed at stabilising fuel prices and ensuring uninterrupted supply to refineries and agricultural sectors, which depend on steady fertiliser availability.
According to reports, the administration is also reviewing further extensions depending on market conditions and supply chain stability in the coming weeks.
(With AP inputs)
Published: 24 Apr 2026, 05:42 pm IST
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