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Trump waives Jones Act as oil tops $100 and crypto slumps on inflation fears – TON BOT

Trump waives Jones Act as oil tops $100 and crypto slumps on inflation fears

Oil prices have surged above $100 per barrel due to the blockade in the Strait of Hormuz, impacting global supply. The U.S. has issued a Jones Act waiver to allow foreign tankers to transport fuel between American ports. This has led to inflation concerns, affecting Fed cuts and risk appetite in the crypto market.


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