The Trump administration plans to temporarily suspend the Jones Act to address rising oil prices, according to sources. The 30-day exemption will allow foreign tankers to transport fuel between U.S. ports, aiding East Coast refineries with supplies from the Gulf Coast. This decision is part of broader efforts to mitigate the impact of the conflict with Iran on crude oil and gasoline prices. The Jones Act, part of the Merchant Marine Act of 1920, mandates that cargo between U.S. ports be carried on U.S.-built and operated vessels, a regulation often criticized for increasing transportation costs.