Trump granted a 90-day extension to a shipping waiver allowing foreign-flagged vessels to transport oil, fuel, and fertilizer between U.S. ports, extending it from May 17 through mid-August. The move aims to address rising energy costs tied to the Iran war. The waiver relates to the Jones Act, which requires U.S.-built and -crewed ships. Supporters cite national security benefits while critics say it raises shipping costs and limits capacity during disruptions.
