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White House Considers Temporary Jones Act Waiver Amid Iran War Oil Price Surge
Iran War Fallout: White House Weighs Jones Act Waiver
Amid the fallout from the Iran War, which has led to a surge in energy prices, the U.S. White House is exploring measures to stabilize domestic logistics. On March 12, Caroline Leavitt, the White House spokesperson, stated that the administration is reviewing a temporary waiver of the Jones Act. This move aims to ensure essential energy products and agricultural goods can freely enter U.S. ports, thereby alleviating supply chain pressures and addressing rising energy costs. The Jones Act typically requires goods transported between U.S. ports to be carried on American-built, American-owned, American-crewed, and American-flagged vessels.
Escalating Tensions in Strait of Hormuz and Trump's Stance
Meanwhile, tensions are escalating in the Strait of Hormuz. Mojtaba, identified as a high-ranking Iranian official, heightened the situation by declaring 'bloody revenge.' Reports also indicate that mines have begun to be deployed in the Strait of Hormuz, raising concerns about guerrilla-style installations. U.S. President Donald Trump commented that the U.S. would profit significantly if oil prices rise and stated that the U.S. military does not need to immediately escort vessels in the Strait of Hormuz. This illustrates the complex nature of U.S. policy regarding the Middle East crisis.
*Source: YouTube: YTN (2026-03-13)*
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