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Trump has extended the ability of foreign ships to transfer oil and fuel between US ports for an additional 90 days, Bloomberg reports.

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Trump has extended the ability of foreign ships to transfer oil and fuel between US ports for an additional 90 days, Bloomberg reports.

Trump has extended the ability of foreign ships to transfer oil and fuel between US ports for an additional 90 days, Bloomberg reports.

This permit also includes the transportation of gasoline, jet fuel, liquefied natural gas, soybean oil and fertilizers.

Prior to each voyage, US authorities will continue to check for available US-flagged ships. This measure aims to reduce transportation costs and reduce fuel prices.

These restrictions were first eased in March as part of the US operation against Iran, dubbed Operation Epic Rage, and due to the blockade of shipping in the Strait of Hormuz.

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