Crypto news: The Trump administration plans to extend a shipping exemption that would allow foreign tankers to transport oil and gasoline within the United States, in response to supply disruptions and price increases triggered by the Iran war. A decision on whether to continue exempting energy shipments from the Jones Act may be announced as early as Friday local time; the current exemption expires on May 17. The move could provide some convenience for U.S. refiners that want to start booking July waterborne cargoes. It is not yet clear how long the extension would last, nor which types of goods it would cover. A White House official said the administration is considering extending the exemption, but provided no further details.

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