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Geopolitical Score 85 Bullish

Trump waives Jones Act shipping rules for 60 days to steady oil market

Mar 18, 2026 19:26 UTC
CL=F, XOM, ^VIX
Short term

The Trump administration "remains committed to continuing to strengthen our critical supply chains" amid the Iran war, press secretary Karoline Leavitt said..

  • Jones Act waived for 60 days to stabilize oil supply
  • Direct response to Iran war-related supply risks

The Trump administration "remains committed to continuing to strengthen our critical supply chains" amid the Iran war, press secretary Karoline Leavitt said.

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