Animation from the American Maritime Partnership explaining the importance of the Jones Act.
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Managers across fuel supply-chain logistics are increasingly concerned that, unless restrictions on oil flows through the Strait of Hormuz ease quickly, physical fuel shortages could begin to appear within weeks.
As the Trump administration considers temporarily waiving the Merchant Marine Act of 1920, commonly know as the Jones Act, to address surging fuel prices during the Middle East conflict, U.S. shipping interests...
Claims that waiving the Jones Act would lower U.S. gasoline prices ignore a key reality: global tanker freight markets. Current Worldscale rates suggest foreign-flag tankers would likely deliver fuel at a higher cost than Jones Act vessels.
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