Trump administration may loosen US shipping rules to combat fuel price spike, White House says
March 12, 2026
(Investing) – WASHINGTON – The Trump administration is considering waiving the century-old Jones Act for a limited period to ensure energy and agricultural shipments can move freely between U.S. ports, press secretary Karoline Leavitt said on Thursday, in a bid to combat Iran-related supply disruptions. “In the interest of national defense, the White House is considering waiving the Jones Act for
