Trump Authorizes 60-Day Jones Act Waiver for U.S. Energy Shipments
The temporary measure allows foreign-flagged vessels to carry oil, gas, coal and other goods between U.S. ports, while some analysts said the market effect may be limited.
Fact Check
The event is widely reported by multiple high-authority news organizations including CBS News, Politico, The New York Times, and NPR. All sources agree on the key facts: President Trump issued a 60-day waiver of the Jones Act on March 18, 2026, to allow foreign-flagged vessels to transport energy products (oil, gas, coal) between U.S. ports in response to supply disruptions and price hikes caused by the Iran conflict.
Summary
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Terms & Concepts
- Jones Act: A U.S. shipping law that generally requires goods moved between U.S. ports to travel on U.S.-built, U.S.-owned and U.S.-crewed vessels.
- Condensates: Light liquid hydrocarbons that separate from natural gas during production and processing.
- Refined products: Petroleum products such as gasoline or diesel made by processing crude oil.