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Trump’s next move to stop oil’s surge may involve a shipping law from 1920

Jones Act waivers are under consideration to ensure energy and agriculture products flow to U.S. ports, the White House says.

Mar 12, 2026 &03501212202631; 16:50 UTC feeds.marketwatch.com Trending 3/5

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Positive for markets

Sentiment score: +65/100

Moderate impact Short-term (days)

WHAT THIS MEANS

The Trump administration is considering Jones Act waivers to facilitate energy and agriculture product flows to U.S. ports, potentially addressing oil price pressures. This policy move could increase domestic oil supply accessibility and reduce transportation costs, impacting energy markets and commodity prices.

AI CONFIDENCE

72% High

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

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Oil (WTI Crude)

CL=FCommodity

Expected to decline

Jones Act waivers would increase domestic oil supply accessibility and reduce transportation bottlenecks, potentially lowering crude oil prices

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Gold Futures

GC=FCommodity

Expected to decline

Lower energy costs from increased oil supply could reduce inflation expectations and weaken safe-haven demand for gold

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Euro / US Dollar

EURUSDCurrency

Expected to decline

Lower U.S. energy costs support dollar strength and reduce inflation concerns, strengthening USD relative to EUR

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S&P 500

^GSPCIndex

Expected to rise

Lower energy costs benefit corporate margins and consumer spending, supporting broader equity market performance

PRICE HISTORY

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⚡ SUGGESTED ACTION

Consider long positions on energy-dependent equities and short crude oil futures if waivers are implemented. Monitor for official waiver announcements as confirmation signal for sustained downward pressure on energy commodities.

KEY SIGNALS

Jones Act waiver consideration signals supply-side policy focusPotential reduction in domestic shipping constraintsInflationary pressure relief through lower energy costsSupport for agricultural product distribution

SECTORS INVOLVED

EnergyTransportationAgricultureUtilities

Analysis generated on Mar 16, 2026 at 16:51 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by MarketWatch. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Trump’s next move to stop oil’s surge may involve a shipping law from 1920

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