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The Guardian - US
The Guardian - US
World
Lauren Aratani in New York

Trump waives US shipping law for oil and gas in bid to lower prices

Oil United States Donald Trump Iran White House
People watch an oil tanker anchored off Seal Beach, California.
Oil tankers sit anchored off the coast of Seal Beach on March 17, 2026 in Seal Beach, California. Using emergency powers, the Trump administration has ordered oil and gas company Sable Offshore Corp. to resume offshore oil production off California’s coast to boost domestic supply as oil prices rise amid the war with Iran. Photograph: Justin Sullivan/Getty Images

Donald Trump is trying to make it easier for foreign tankers to move around the US, temporarily allowing foreign-flagged ships carrying oil and gas to travel between US ports, the White House announced Wednesday.

The move comes as the president tries to manage a delicate balancing act, attempting to mitigate the increasing price of oil while also carrying out the US-Israel war on Iran.

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