Trump Weighs Rare Jones Act Waiver as War Drives Fuel Prices Higher

The Trump administration is weighing a rare suspension of the century-old Jones Act, an extraordinary step that Washington has historically taken only during major national emergencies such as hurricanes or severe supply disruptions. Officials are considering a roughly 30-day waiver of the maritime law as the war in the Middle East sends oil and fuel prices sharply higher and disrupts global shipping routes. If enacted, it would allow foreign tankers to move oil, gasoline, diesel, liquefied natural gas, and fertilizer between U.S. ports, which…