Trump waives shipping law as gasoline prices soar AxiosTrump waives U.S. shipping law for 60 days to steady oil market CNBCOil prices spiral again as White House moves make little impact The Washington PostTrump issues 60-day waiver from Jones Act shipping rules to lower costs for oil as Iran war pressures prices. Follow live updates. The Boston GlobeU.S. Suspends Oil Shipping Rules to Ease Gas Price Pressures
President Donald Trump on Wednesday took the much-anticipated step of waiving a 1920 law known as the Jones Act in an effort to combat soaring prices for crude oil and other key commodities.
