From Quartz.

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The White House is considering a temporary Jones Act waiver to ease fuel transport as the Iran war enters its third week. Officials say the Jones Act waiver would allow foreign ships to move oil, gasoline, diesel, natural gas, and fertilizer between U.S. ports. Gas prices have climbed from $2.94 to $3.63 per gallon in a month, and experts estimate any impact would be under 2 cents per gallon. The Energy Department plans to release 172 million barrels from the Strategic Petroleum Reserve over four months. Oil has approached $100 per barrel amid market disruption and strikes in the Strait of Hormuz. The law has resurfaced in policy debate, including after Hurricanes Maria and Fiona, despite not featuring in President Donald Trump’s second-term agenda. #gasprices #jonesact #iranconflict #uspolitics #energypolicy

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