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Trump Set To Suspend Jones Act To Help Tame Oil Prices
Trump Set To Suspend Jones Act To Help Tame Oil Prices
One day after the Trump administration flip-flopped on using the Strategic Petroleum Reserve (SPR) - eventually deciding to release 172 million barrels to try and counter the rising price of oil, they're now planning to issue temporary waivers for a century-old maritime law, the Jones Act, that requires American-built ships to be used to transport goods between US ports, in yet another attempt to control crude.
Under the plan, 30-day waivers would be issued that would allow foreign tankers to help supply refiners on...
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IRGC Threatens 18 US Tech Companies In Region After Hegseth Declared Regime Fragmenting; Trump Reiterates War To End 'Soon'
IRGC Threatens 18 US Tech Companies In Region After Hegseth Declared Regime Fragmenting; Trump Reiterates War To End 'Soon'
Summary
IRGC warns it will hit 18 US tech companies in region, says Siemens in Israel already attack
China, Pakistan issue broad five-point framework for peace (document below); France, Italy begin to block airspace for Iran-related US ops
WarSec Hegseth saw "upcoming days will be decisive", strikes will continues without any deal - says "regime fragmenting"
President Trump signals off-ramp, tells world "go get your own oil", says Iran 'decimated'. Tells NYP the strait could 'automatically...
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