Trump extends shipping law waiver for 90 days amid Iran war fuel price rise

Trump extends shipping law waiver for 90 days amid Iran war fuel price rise US President Donald Trump has extended by 90 days a waiver of a shipping law so that foreign-flagged ships can transport oil and other commodities between US ports, a White House official said on Friday. The administration would extend the waiver of the more than 100-year-old Jones Act, Reuters reported, citing industry sources. The administration issued a blanket waiver in March, a month after the US launched its war on Iran, in an effort