SignificantEconomyCNBC·CNBC
Trump extends limited waiver of shipping law to keep oil flowing in U.S. amid Iran war

President Trump extended a limited waiver of the Jones Act to maintain oil flow within the United States. This action follows the Trump administration's unsuccessful attempts to broker a deal for reopening the Strait of Hormuz.
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Monday, August 10, 2026 at 03:15 PM EDT
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