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flag On March 18, 2026, Trump suspended the Jones Act for 60 days to lower gas prices amid Iran tensions, allowing foreign ships to transport goods between U.S. ports.

flag On March 18, 2026, President Trump temporarily suspended the Jones Act for 60 days to address rising gas prices amid tensions with Iran. flag The waiver allows foreign-flagged ships to transport oil, natural gas, and other goods between U.S. ports, aiming to boost supply and reduce shipping costs. flag While intended to ease fuel prices, experts say the impact on pump prices will be minimal due to global market factors and shipping logistics delays. flag The Jones Act, designed to protect domestic shipping jobs and national security, has long been criticized for increasing costs and limiting competition. flag Critics warn the move could harm U.S. maritime industries, and long-term benefits would require broader reforms.

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