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Oil prices increased Wednesday despite President Donald Trump's suspension of the Jones Act, which regulates shipping. Unleaded gas costs 32 percent more than a month ago.
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U.S. Intelligence Saw No Change in Iran's Missile Capabilities Before War The New York TimesGabbard tells senators Iranian regime is degraded but still intact The Washington PostGabbard deflects when asked on Capitol Hill about intelligence she'd offered Trump before Iran war AP NewsWATCH: Gabbard, Ratcliffe and Patel testify on worldwide threat
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Trump temporarily waives century-old shipping law amid rising fuel costs Al JazeeraTrump waives U.S. shipping law for 60 days to steady oil market CNBCJones Act waived to address fuel, fertilizer shortages Honolulu Star-AdvertiserU.S. Suspends Oil Shipping Rules to Ease Gas Price Pressures The New York
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Oil prices jumped Wednesday despite the Trump administration announcing it will issue a temporary waiver on a law known as the Jones Act.
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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.
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Stablecoin startups have been a hot commodity since the reelection of President Donald Trump in late 2024 ushered in a new era of crypto-friendly regulation.
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