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CNBC

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

Monday, August 10, 2026


President Trump extended a limited waiver of the Jones Act shipping law to permit continued oil transport within U.S. waters. The waiver extension followed unsuccessful negotiations by the Trump administration to reopen the Strait of Hormuz.

Original reporting: https://www.cnbc.com/2026/08/10/trump-iran-oil-jones-act-shipping.html

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