Dialogos

Trump Lifts Shipping Law to Reduce Energy Costs

Published March 18, 2026, 17:03
Trump Lifts Shipping Law to Reduce Energy Costs

US President Donald Trump announced the temporary lifting of a century-old shipping law in an effort to reduce energy costs, which have risen since the US-Israel attacks on Iran plunged the Middle East into war. The 60-day waiver of the Jones Act will allow ships under foreign flag to carry cargo between US ports. The move aims to mitigate short-term disruptions in the oil market by allowing the free flow of vital resources such as oil, natural gas, fertilizers, and coal to US ports. The decision is an attempt to address the economic impact of the crisis in the Middle East.