Trump Extends Jones Act Waiver for Another 90 Days

TL;DR

President Trump has extended the Jones Act waiver for an additional 90 days to mitigate rising fuel prices.
The waiver allows goods shipped between U.S. ports to be carried on non-U.S. built, flagged, and crewed vessels.
The extension aims to increase the supply of energy products, industrial materials, and agricultural necessities.
Supporters believe the waiver increases available ships and lowers shipping costs.
Opponents argue the waiver has not reduced gasoline prices and harms the domestic maritime industry while benefiting foreign shippers.
The Trump administration has also released oil from the Strategic Petroleum Reserve and temporarily lifted sanctions on Russian oil purchases.

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