The administration announced a 60-day suspension of the Jones Act aimed at reducing fuel prices. The temporary waiver could ease domestic shipping constraints and modestly lower fuel transport costs, benefiting energy and transportation sector participants and potentially paving the way for a longer-term repeal that would have broader supply-chain implications.
The administration announced a 60-day suspension of the Jones Act aimed at reducing fuel prices. The temporary waiver could ease domestic shipping constraints and modestly lower fuel transport costs, benefiting energy and transportation sector participants and potentially paving the way for a longer-term repeal that would have broader supply-chain implications.
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