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Trump Enacts 60-Day Waiver to Combat Rising Fuel Prices

3/19/2026

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Summary

Story summary

U.S. President Donald Trump has enacted a 60-day Jones Act waiver to address rising fuel and fertilizer prices amid the Iran conflict.
The waiver allows foreign vessels to transport essential goods between U.S. ports to ease supply disruptions.
Fuel costs have risen about 25% since late February, underscoring the measure’s urgency.
Critics say the relief may be limited because the root cause is a global supply shock.

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Story summary

U.S. President Donald Trump has enacted a 60-day Jones Act waiver to address rising fuel and fertilizer prices amid the Iran conflict.
The waiver allows foreign vessels to transport essential goods between U.S. ports to ease supply disruptions.
Fuel costs have risen about 25% since late February, underscoring the measure’s urgency.
Critics say the relief may be limited because the root cause is a global supply shock.