White House looks to extend oil transport exemption

middleeasteye.net by @middleeasteye ·

White House looks to extend oil transport exemption US President Donald Trump plans to extend a waiver of the Jones Act for oil shipments, according to a report by Axios. The waiver, first introduced in March, allows fuel to be transported between US ports without the requirement to use American-flagged vessels. The move is aimed at easing rising fuel costs linked to the war with Iran. Critics say the law typically raises shipping c