Trump extends Jones Act waiver to curb rising energy costs

The Trump administration is taking steps to curb rising energy costs linked to the war with Iran. President Trump has issued a 90-day extension to the Jones Act waiver, making it easier for non-American vessels to transport oil and natural gas in the wake of the Iran War. The move adds roughly three months to the existing waiver that was set to expire in mid-May. The extension is the latest White House response to spiking fuel costs, which have resulted in higher prices at the gas pump and more expensive airline tickets.