5 days ago
The Jones Act waiver extension comes after the Trump administration's latest signs of a deal to reopen the Strait of Hormuz failed to materialize.
3 months ago
Move is part of a broader US push to curb politically sensitive fuel price spikes before November’s midterm elections.
4 months ago
Shipping costs have increased by more than 10 percent in the past month due to the US-Israel war on Iran.
What country can afford both a war and the Jones Act?
The move allows foreign-flagged vessels to transport goods between US ports for the next 60 days.
Lifting the Jones Act temporarily allows foreign ships to transport cargo across the US, but critics question efficacy.