White House plans to extend Jones Act waiver

The White House is expected to extend a waiver for the Jones Act for up to 90 days as early as Friday, according to sources familiar with the matter. This strategic move aims to mitigate rising fuel price pressures linked to the ongoing conflict involving Iran. By temporarily easing the requirements that goods transported between domestic ports be carried on vessels built and crewed by the United States, the administration hopes to allow foreign-flagged ships to move fuel and essential commodities more efficiently.