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The White House is considering extending Jones Act waivers in light of the Iran conflict and price concerns

Two sources familiar with the discussions say that the White House is considering extending waivers to allow 'foreign ships' to transport goods between U.S. port as a renewed conflict with Iran has raised concerns over energy prices and disruptions in supply.

The Trump administration is evaluating whether or not to 'extend the waivers to include geographic restrictions that limit where foreign-flagged ships can transport goods between U.S. port, officials are seeking to preserve a tool they claim has helped to 'ease supply pressures, while addressing criticisms from maritime industry groups, and Republican allies.

Sources said that the White House, Energy, Transportation and Interior departments met this week to discuss options in anticipation of a possible decision by the end of July.

White House officials?stated that no decision had been made on whether to?issue a third extension of the waiver, pointing out that the current waiver does not expire until August 16th.

"President Trump’s?decisive decision to waive the Jones Act helped prevent supply shortfalls in?the nation. Officials said that the Administration "regularly monitors how the waiver is used".

(source: Reuters)