{"id":4521,"date":"2026-04-25T16:17:30","date_gmt":"2026-04-25T09:17:30","guid":{"rendered":"https:\/\/storyintheworld.com\/?p=4521"},"modified":"2026-04-25T16:17:30","modified_gmt":"2026-04-25T09:17:30","slug":"trump-extends-waiver-to-cut-energy-costs","status":"publish","type":"post","link":"https:\/\/storyintheworld.com\/?p=4521","title":{"rendered":"Trump Extends Waiver to Cut Energy Costs"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Trump\u2019s call for Strait of Hormuz to remain closed could have \u2018cascading effect\u2019 on gas prices\" width=\"735\" height=\"413\" src=\"https:\/\/www.youtube.com\/embed\/O6Qr6u57uhs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>President Donald Trump granted a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertilizer around \u200cthe United States, the White House \u200bsaid on Friday, the latest effort to curb rising energy costs linked to \u2060the war with Iran.<\/p>\n<p>The decision adds \u200broughly three months to the existing waiver that was \u2060set to expire on May 17, enabling foreign-flagged vessels to move commodities between U.S. ports through mid-August.<\/p>\n<p>White House spokeswoman \u200cTaylor Rogers confirmed on Friday that \u200bTrump had issued \u200cthe extension.<\/p>\n<p>&#8220;This waiver extension provides both certainty and stability for \u200cthe U.S. and global economies,&#8221; Rogers said.<\/p>\n<p>The Jones Act has long been a flashpoint \u2060between competing economic and national \u200csecurity priorities. \u2060Supporters, including U.S. shipbuilders, maritime unions and some lawmakers, argue \u2060the law \u2060is critical to maintaining a domestic shipping industry and merchant marine \u200cthat can support military logistics and national security.<\/p>\n<p>But critics \u2014 including energy producers, refiners and agricultural groups \u2014 say \u200cthe \u200brequirement to use \u200cU.S.-built and -crewed vessels sharply raises shipping costs and limits capacity, particularly during disruptions, \u200bdriving up prices for fuel and other goods.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump granted a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertilizer around \u200cthe United States, the White House \u200bsaid on &hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-4521","post","type-post","status-publish","format-standard","hentry","category-breaking-news"],"_links":{"self":[{"href":"https:\/\/storyintheworld.com\/index.php?rest_route=\/wp\/v2\/posts\/4521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/storyintheworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/storyintheworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/storyintheworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/storyintheworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4521"}],"version-history":[{"count":1,"href":"https:\/\/storyintheworld.com\/index.php?rest_route=\/wp\/v2\/posts\/4521\/revisions"}],"predecessor-version":[{"id":4522,"href":"https:\/\/storyintheworld.com\/index.php?rest_route=\/wp\/v2\/posts\/4521\/revisions\/4522"}],"wp:attachment":[{"href":"https:\/\/storyintheworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/storyintheworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/storyintheworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}