Trump’s 60-day shipping waiver could ease East Coast fuel prices: Goldman Sachs’ Daan Struyven

YOU RETOOL. >> WELCOME BACK, PRESIDENT TRUMP THIS MORNING WAIVING THE JONES ACT FOR 60 DAYS IN A BID TO CALM OIL PRICES, WHICH ARE HIGHER AGAIN THIS MORNING AS THE WAR IN IRAN ESCALATES. LET'S BRING IN DAN STRUYVEN.HE IS CO-HEAD OF GLOBAL COMMODITIES RESEARCH AT GOLDMAN SACHS. AND DAN, JUST YOUR INITIAL THOUGHT ON WHETHER THIS WILL LOOSEN THINGS UP AT ALL, WHETHER IN THE PRODUCT MARKETS OR FOR CRUDE ITSELF. >> BY RELAXING.>> THE REQUIREMENT THAT THE SHIPS TRANSPORTING OIL AND GAS HAVE TO BE US SHIPS, YOU ...