EL7.AI
CommoditiesMedium•14 November 2026•
1 min read

Trump Grants Record 90-Day Jones Act Waiver to Curb Energy Costs

Key Facts

1President Trump extended the Jones Act waiver for 90 days, allowing foreign vessels to transport oil and fertilizer between U.S. ports.
2The decision, marking the longest waiver ever granted, aims to mitigate domestic fuel price pressures driven by the war with Iran.

President Trump extended the Jones Act waiver for 90 days to allow foreign-flagged vessels to transport oil and fertilizer between U.S. ports. Benzinga reported that the decision aims to mitigate domestic fuel price pressures driven by the ongoing war with Iran and related shipping constraints.

The decision marks the longest waiver ever granted, as the administration seeks to provide logistical relief for energy markets amid heightened geopolitical stress. The move comes as energy and agricultural product costs face upward pressure due to the regional conflict in the Middle East.

Open on chart