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merchant marine act of 1920

Trump administration takes steps to curb energy cost hikes

Trump administration takes steps to curb energy cost hikes

US President Donald Trump's administration scrambled Wednesday to rein in surging energy costs from war in the Middle East,  temporarily waiving a century-old shipping law and easing Venezuela sanctions. The moves came after oil prices rocketed following US-Israeli strikes on Iran on February 28. Tehran'
Beiyi SEOW AFP 18 Mar 2026

Trump considering temporary U.S. energy shipping waivers

(The Center Square) – President Donald Trump said Friday he is considering a temporary suspension of shipping regulations that govern energy, agricultural and other cargoes moved between U.S. ports as prices for crude oil, gasoline and diesel fuel continued to push higher on the 13th day of the U.S.
MSU Exponent Contributor 13 Mar 2026

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