White House Press Sec Leavitt says US is considering waiving the Jones Act for a limited period of time, but the action has not been finalised

White House Press Sec Leavitt says US is considering waiving the Jones Act for a limited period of time, but the action has not been finalised.

The White House's consideration of waiving the Jones Act suggests a potential strategy to alleviate supply constraints in the energy sector, particularly during periods of heightened demand or disruption. If implemented, this could enhance the flow of goods and lower costs, impacting energy prices and related equities. Traders should monitor further developments closely, as the final decision could influence market sentiment significantly.