Trump waives U.S. shipping law for 60 days to steady oil market

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Source: CNBC
Published: 2026-03-19 01:09 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Iran, Energy, Economy & Finance, Financial Markets, US Politics, Business & Economy, War & Conflict
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Snippet:
President Donald Trump issued a 60-day waiver of a longstanding U.S. shipping law in an attempt to stabilize oil markets amid the Iran war, the White House confirmed to CNBC on Wednesday.
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