The Trump administration has reportedly instructed US oil companies and shipping groups to prepare for a potential suspension of the Jones Act, a century-old law governing domestic shipping. This measure is intended to facilitate the movement of fuel across the country, according to two sources familiar with ongoing discussions.
An announcement could be made as early as Thursday, with the aim of combating soaring fuel prices that have escalated since the commencement of the US-Israeli war on Iran. White House spokesperson Katherine Leavit confirmed that the administration is considering waiving the Jones Act for a period, though she noted the action had not been finalised.
Under the Jones Act, goods shipped between US ports must be carried on vessels that are US-built, US-flagged and mostly US-owned. The requirement sharply limits the number of tankers available for domestic shipments. Waiving the rule temporarily would allow foreign ships to carry fuel between US ports, potentially lowering shipping costs and speeding deliveries.
The United States has issued Jones Act waivers in the past only sparingly, typically in response to major supply disruptions. The most recent waivers came after hurricanes such as Hurricane Harvey and Hurricane Maria in 2017. At the time, the US Department of Homeland Security temporarily allowed foreign-flagged vessels to transport fuel between US ports to ease shortages and speed deliveries to affected regions.
