Trump extends Jones Act waiver for another 90 days

President Trump on Friday extended the Jones Act waiver for another 90 days, keeping foreign-flagged tankers eligible to move oil and other cargo between US ports while gasoline averages $3.91 a gallon against $2.98 before the Iran war.

Why it matters: The extension makes this the longest waiver in the shipping law's history, and the White House is holding it in place as a fuel-price measure even though earlier exemptions delivered little relief at the pump.

Data as of OilPrice report of November 13, 2026, read in full in this run; the extension was confirmed by a White House official to Reuters, and matching reports from Investing.com and FreightWaves are in the feed queue. Price comparisons are AAA figures as carried in the report. Developing item.

President Donald Trump extended the Jones Act waiver for another 90 days on Friday, keeping foreign-flagged tankers eligible to move oil and other commodities between US ports as the war with Iran continues to drive up fuel costs. The extension continues what is already the longest waiver in the history of the 1920 law, which normally requires cargo moving between American ports to travel on US-built, US-owned and US-crewed vessels.

Foreign vessels still need approval for individual voyages under a restriction introduced in August, after earlier blanket exemptions drew opposition from the domestic maritime industry. About 300 waivers were granted under the blanket exemptions in March and May, against 48 since the switch to individual approvals, on government figures cited by Reuters. US gasoline averaged $3.91 a gallon on Thursday, against $2.98 before the Iran war began, and diesel stood at $6.10, up from $3.76, according to AAA.

Trump extends Jones Act waiver for another 90 days

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