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Event Brief

Trump Suspends Jones Act to Stabilize Petrol Costs

President Trump announces a 60-day suspension of the Jones Act amid the Iran war to stabilize petrol costs.
WHO: USA
WHAT: Suspension of the Jones Act
WHEN: Mar 18, 2026 at 12:25 PM ET
WHERE: USA
WHY: To stabilize petrol costs amid the blockade of the Strait of Hormuz.

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