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البلاد
America plans to renew oil shipment waiver
America is preparing to extend an exemption from the Jones Act aimed at lowering gasoline prices, amidst pressure on ExxonMobil and Chevron to refund consumers. The exemption, which facilitates oil shipping and reduces bottlenecks, is expected to continue even after its expiration on August 16—the longest in history. The extension is anticipated to help lower fuel prices as Trump continues to pressure companies and reduce energy costs ahead of the November elections.
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