MARKETS
Economy

'White House Set To Extend Jones Act Waiver As Trump Hunts For Cheaper Gasoline' - Reuters Exclusive

Aug 4, 2026 · 02:20 PM ET· updated 2h ago

Waiver could expire on August 16 after nearly 200 uses through end-July, US government data showsOfficials discuss narrowing waiver's scope while preserving flexibility for critical fuel supplies, sources sayNo

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Why It Matters

The government is keeping a special rule that lets cheaper foreign oil come into America to help keep gas prices down. When leaders do this, it can mean they're worried about prices, so watch what happens to gas costs and oil company profits.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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