Move comes as president attempts to mitigate rising price of oil while carrying out war on Iran
Donald Trump is trying to make it easier for foreign tankers to move around the US, temporarily allowing foreign-flagged ships carrying oil and gas to travel between US ports, the White House announced Wednesday.
The move comes as the president tries to manage a delicate balancing act, attempting to mitigate the increasing price of oil while also carrying out the US-Israel war on Iran.
On Wednesday, Trump issued a 60-day waiver to the Jones Act, a law passed in 1920 as a way to protect the US shipping industry. The law prevents foreign-flagged ships that carry commodities like oil and gas from traveling through US waterways.
In a statement, the White House said the waiver is “another step to mitigate the short-term disruptions to the oil markets as the US military continues meeting the objectives of Operation Epic Fury”.
