Jones Act: White House mulls suspending ‘Jones Act’ to curb soaring oil prices amid Iran conflict – key maritime law explained – The Times of India
Amid the rising oil prices as the Iran conflict continues to escalate, the Trump administration is considering the idea of suspending a key maritime law that requires American ships be used to transport between US ports.“In the interest of national defense, the White House is considering waiving the Jones Act for a limited period of…