US to Relax Ship Rule in Bid to Ease Rising Fuel Prices
Bloomberg Television·2026-03-12 21:05
Our reporting indicates that the Trump administration is planning to use this temporary waiver for 30 days to allow generally cheaper foreign tankers to transport energy, commodities and fertilizer between U.S. ports. But pair this potential action by the administration with remarks earlier today from President Trump on Truth Social, where he downplayed the rise in energy prices, ultimately suggesting that it's good for domestic producers and that achieving U.S. objectives in Iran at this point is more impo ...