gCaptain15 Jul 2026Macro
Automatically composed with AI from the cited sources
A decision is possible before the end of July, with the administration considering geographic restrictions on where foreign-flagged vessels could move goods between U.S. ports. Domestic crude now sits at about $80 a barrel, and the Strategic Petroleum Reserve is at its lowest level since 1983. The current waiver, first issued March 17 and later extended, does not expire until August 16. The White House review follows July 10’s union protest at a refinery and OSG’s July 14 statement that refiners, not consumers, are the biggest winners.
Context
The White House review follows July 10’s union protest at a refinery and OSG’s July 14 statement that refiners, not consumers, are the biggest winners.
