The White House is considering waiving a century-old law that promotes the use of American vessels in maritime commerce, as the Trump administration faces rising fuel prices amid the ongoing war in Iran.
White House press secretary Karoline Leavitt said in a statement that the administration may waive the Jones Act, a 1920 statute that requires cargo being moved by water between U.S. ports to be shipped on vessels that are built, owned and registered in the U.S.
“In the interest of national defense, the White House is considering waiving the Jones Act for a limited period of time to ensure vital energy products and agricultural necessities are flowing freely to U.S. ports,” Leavitt said. “This action has not been finalized.”
The development, which was first reported by Bloomberg News, comes as the White House faces growing political pressure over rising gas and oil prices, with Iran moving to choke off traffic in the critical Strait of Hormuz amid the U.S. and Israel’s ongoing war with the country.