Waiving the Jones Act will boost the number of ships available to transport oil in the U.S.
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A waiver of the Jones Act is expected to increase the number of ships available to transport oil in the US. The Trump administration has implemented a waiver, initially for 60 days, which has since been extended for an additional 90 days. The move is seen as a response to surging oil and gas prices, although its implications and potential effects are being debated.
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