Trump weighs Jones Act waiver amid rising fuel prices, White House says

CBS News
March 12, 2026
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1 min read

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The Bottom Line

President Trump is considering waiving the Jones Act to lower fuel prices.

AI Summary

The White House stated that former President Trump is considering a waiver for the Jones Act. This action could potentially lower fuel prices, according to experts. The consideration comes as crude oil approaches $100 a barrel due to the Iran war.

What's Being Done

The White House stated that President Trump is considering a waiver for the Jones Act.

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