White House expected to extend Jones Act waiver for up to 90 days as early as Friday, according to sources
The anticipated extension of the Jones Act waiver for up to 90 days signals a proactive approach from the White House amid ongoing energy concerns.
EU warns that US trade deal risks unravelling with proposed changes, according to Bloomberg citing sources
An Iranian bulk carrier carrying rice was escorted by IRGC naval vessels and safely crossed the Sea of Oman and reached Iran, despite the US Navy's attempts to seize it, via Fars News
White House expected to extend Jones Act waiver for up to 90 days as early as Friday, according to sources
US FX WRAP: Dollar gains as Kiwi lags, as Middle East rhetoric dominates the tape
TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 7+ TICKS LOWER AT 111-01+
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This move could alleviate short-term supply constraints in energy markets, potentially impacting fuel prices and logistics. Traders should monitor related commodities and energy equities, as the waiver might soften pricing pressures in the near term.
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