Trump Weighs Shipping Waiver Renewal to Ease Oil, Gas Prices

The Trump administration is weighing an extension of a maritime shipping waiver that has made it easier to move oil and gasoline between US ports as the Iran war strains energy supplies globally, according to people familiar with the matter.

Discussions are centered around renewing President Donald Trump’s March 18 waiver effectively exempting oil, fuel and other commodities from requirements under the 1920 Jones Act that ships carrying goods between US ports be American-built, -flagged, and -operated vessels. That 60-day exemption is set to lapse in May.

No decision has yet been made, said the people, who asked not ...