Jones Act domestic shipping requirements removed by June 30?
ResolvedOutcome: No$54Kas of
Odds now
This market has resolved No. Final market pricing put YES at 0%, as of .
YES0¢
NO100¢
as of
What moved the odds?
23 AI-matched news signals on this market, newest first. Entry price is the called side when the news hit; the signed return marks it against the final price as of .
Trump temporarily repealed a 100-year-old law to reduce fuel prices in the US, — Bloomberg Donald Trump has suspended the Jones Act of 1920, which prohibited foreign-flagged vessels from transporting various cargoes between US ports, for 60 days. The cancellation does not apply to all goods, but only to coal, crude oil, refined petroleum products, natural gas, liquefied gas, fertilizers, refined petroleum products and other energy derivatives. The White House took this step to avoid a shortage of these goods and curb the rise in energy prices, which is observed as a result of the war in the Middle East and Iran's blockade of the Strait of Hormuz.
White House suspends 1920 shipping law as oil prices climb
Trump waives Jones Act shipping rules for 60 days to steady oil market
White House suspends the Jones Act for 60 days. Analysts see a gas price impact of 3 cents. • As the U.S. and Israel’s war against Iran continues to upend energy markets and supply chains worldwide, the Trump administration says it will temporarily waive maritime shipping requirements under a more than century-old law known as the Jones Act. The Jones Act requires that goods hauled between U.S. ports be moved on U.S.-flagged vessels. Passed in 1920, this law aims to protect the […]
Trump waives Jones Act for 60 days in bid to free up the flow of oil to US ports
President Trump’s priority is always the American people. • • By temporarily waiving the Jones Act, he is ensuring that oil and other energy resources flow to Americans across the country even during times of disruption. • • This will help ease short-term price impacts in the oil market as we work every day to lower prices and raise wages for Americans.
President Trump’s priority is always the American people. • • By temporarily waiving the Jones Act, he is ensuring that oil and other energy resources flow to Americans across the country even during times of disruption. • • This will help ease short-term price impacts in the oil market as we work every day to lower prices and raise wages for Americans.
First Jones Act waiver deals enter spot market
Trump temporarily waived the Jones Act. • • “President Trump’s decision to issue a 60-day Jones Act waiver is just another step to mitigate the short-term disruptions to the oil market as the U.S. military continues meeting the objectives of Operation Epic Fury,” Press Secretary Karoline Leavitt said in a statement.
TRUMP WAIVES JONES ACT IN BID TO CURB HIGH FUEL PRICES • WAIVER APPLIES TO OIL, GAS, FERTILIZER, COAL @MKTNews_Global • (
TRUMP SUSPENDS JONES ACT IN BID TO CURB HIGH FUEL PRICES
*TRUMP WAIVES JONES ACT IN BID TO CURB HIGH FUEL PRICES - BBG • *WAIVER APPLIES TO OIL, GAS, FERTILIZER, COAL
*TRUMP WAIVES JONES ACT IN BID TO CURB HIGH FUEL PRICES
Trump waives Jones act in bid to curb high fuel prices
DONALD TRUMP WAIVES JONES ACT IN BID TO CURB HIGH FUEL PRICES
YESNews99%match50¢-100%
*TRUMP WAIVES JONES ACT IN BID TO CURB HIGH FUEL PRICES
*TRUMP WAIVES JONES ACT IN BID TO CURB HIGH FUEL PRICES
NEWS: Trump administration expected to temporarily waive the Jones Act as soon as Wednesday to ease rising U.S. fuel prices amid Iran tensions, sources tell Reuters. Foreign tankers could move oil between U.S. ports, boosting supply and easing transport costs.
The Trump administration expected to issue a waiver of the Jones Act shipping regulation as soon as Wednesday - Sources
YESReuters99%match50¢-100%
Trump Administration Expected to Issue Waiver of Jones Act Shipping Regulation as Soon as Wednesday, Sources Say
NEWS: On potential Jones Act waivers, I'm told no final decision yet. There is some disagreement among advisers on whether to pause the protectionist shipping law.
[To curb oil prices, the Trump administration is considering temporarily waiving the Jones Act.] The White House said on Thursday (12th) that the Trump administration is considering temporarily waiving the Jones Act in light of rising fuel prices during the escalation of tensions in the Middle East. "For national security reasons, the White House is considering a limited-time waiver of the Jones Act to ensure the unimpeded flow of essential energy products and agricultural necessities to U.S. ports," White House Press Secretary Levitt said in a statement that day. The Jones Act, over a century old, stipulates that ships transporting cargo between U.S. ports must be built in the United States, fly the U.S. flag, and be primarily owned by U.S. companies. This provision limits the number of oil tankers that can be used for domestic transport in the United States. Sources say that a temporary exemption from the Jones Act would allow foreign ships to transport fuel between U.S. ports, thereby reducing transportation costs and speeding up delivery. In an effort to curb oil prices, the Trump administration plans to exempt this century-old act.
Unions to @POTUS: waiving the Jones Act will not lower gas prices
Where does the news lean?
23YES9NO7neutraltrailing 24h
Average match confidence across the listed signals: 99%.
How did this market resolve?
The Jones Act of 1920 requires that all goods transported by water between U.S. ports be carried by vessels which are built in the U.S., owned by U.S. citizens, flagged to the U.S., and manned by U.S. crews.
This market will resolve to “Yes” if the Jones Act is repealed, altered, or invalidated, or new legislation becomes law, such that any of the Jones Act domestic shipping restrictions to vessels which are built in the U.S., owned by U.S. citizens, flagged to the U.S., and manned by U.S. crews are fully removed by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.
A removal of any of the listed domestic shipping requirements will count. For example, the removal of the domestic shipping requirements for ships to be built in and flagged to the U.S., without the removal of the requirements for those ships to be owned by U.S. citizens to be manned by U.S. crews, would count.
New legislation includes any congressional legislation or any executive order, proclamation, memorandum, or other legally-binding executive action which effectively removes one of the listed Jones Act requirements.
The primary resolution sources for this market will be official information from the U.S. government. If official information is unavailable or unclear, a consensus of credible reporting may also be used.