Trump administration set to suspend Jones Act to tame oil price.

Mar 12, 2026, 2:51:20 PM UTC(6 hours ago)
Impact: Very High

Affected Assets

  • Trump administration set to suspend Jones Act to tame oil price.
  • The Trump administration is considering suspending the Jones Act to address rising oil prices.
  • The Jones Act mandates that cargo moved between U.S. ports be carried on U.S.-built and U.S.-flagged ships.
  • Waiving the Jones Act could give companies more flexibility in transporting oil domestically.
  • The administration has been exploring options to combat rising oil prices, including easing restrictions.

Sources

@DeItaone
From:@DeItaone
🚨 TRUMP ADMINISTRATION SET TO SUSPEND JONES ACT TO TAME OIL PRICE
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Trump administration set to suspend Jones Act to tame oil price. | Foxly Invest