Storm surges engulfed the Texas coast and sites including the Port of Galveston, seen above earlier this year, when Hurricane Harvey barreled in, crippling fuel supplies. Photo: Bloomberg NewsThe U.S. issued a rare waiver on a federal law that prohibits foreign ships from operating in domestic sea routes, allowing foreign tankers to distribute fuel to hurricane-stricken areas. The waiver will be in effect for seven days and will involve the transport of refined petroleum products like gasoline and diesel in hurricane-affected areas. Storm surges engulfed the Texas coast last week when Hurricane Harvey barreled in, crippling fuel supplies. Fuel is in high demand in Florida ahead of Hurricane Irma.

Source: Wall Street Journal September 09, 2017 02:26 UTC