Trump renews oil transport permit for foreign ships
U.S. President Donald Trump has granted a temporary waiver extending the application of the "Jones Act" for an additional 90 days, with new restrictions on its scope of enforcement, aimed at reducing energy supply disruptions and containing rising fuel prices resulting from the war with Iran. The decision, made without an official announcement, permits foreign ships to transport oil, its derivatives, and some other goods between U.S. ports, provided each voyage is reviewed individually. The waiver is limited to crude oil, gasoline, jet fuel, liquefied natural gas, and fertilizers, instead of the previous extensive list. This extension aims to ensure the continued flow of essential resources to the military and vital industries, while supporting oil companies. However, it faces opposition from shipbuilding companies and some Republicans in Congress, who believe that these exemptions undermine American maritime industry protections and the enhancement of its strategic capabilities. The exemption has been utilized in over 230 voyages to facilitate the movement of oil and fuel within the United States and to reduce supply shortages.
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