Story perspectives
Trump Extends Jones Act Waiver, Boosts Tanker Capacity 70%
4/25/2026
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Story summary
- U.S. President Donald Trump extended the Jones Act waiver for 90 days, effective May 18, 2026.
- The waiver lets over 40 foreign-flagged tankers move 9 million barrels, boosting domestic transport capacity by about 70 %.
- White House assistant press secretary Taylor Rogers said the waiver accelerated supply deliveries while the administration released 172 million barrels, gasoline averaged $4.059 per gallon and Brent hovered near $105 amid the Iran-Iran war closing the Strait of Hormuz.
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