SAIPAN, 25 MARCH 2026 (PACIFIC ISLAND TIMES) — President Donald Trump’s move to issue a 60-day waiver of the Jones Act will allow Guam to reduce its dependence on foreign energy suppliers and ensure a stable inventory—at least during the relief period—against the backdrop of a global crisis fueled by the war in Iran. “This […]
Tag: Iran conflict oil supply
Posted inWorld News
International Energy Agency says second round of emergency fuel releases is on table
By political reporter Nicole Asher In short: (ABC-Australia) International Energy Agency chief Fatih Birol says major damage to energy assets in the Middle East will create supply problems in the future, even after the Iran war ends. Prime Minister Anthony Albanese and his Singaporean counterpart have issued a joint statement committing to strengthening the energy […]
Posted inPacific News
Trump issues 60-day waiver of Jones Act
HAGATNA, 19 MARCH 2026 (PACIFIC ISLAND TIMES) — President Trump has issued a 60-day waiver of the Jones Act, allowing foreign ships to move fuel between U.S ports to mitigate the disruptions to the oil market, the White House announced Wednesday. “This action will allow vital resources like oil, natural gas, fertiliser, and coal to […]