Trump vows to pause federal gas tax after Iran war boosts US fuel prices to four-year high
AI Summary
In response to rising fuel prices due to increased tensions involving Iran, President Trump has promised to pause the federal gas tax to alleviate some financial pressure on American drivers. This promise comes as gas prices have surged significantly over the past months as a result of military actions.
National average for gas prices has risen by well over a dollar per gallon since late February Sign up for the Breaking News US newsletter email Donald Trump pledged to suspend the US federal gas tax in a bid to reduce pressure on Americans after the US-Israel war on Iran sparked a sharp rise in fuel prices. The US president told reporters on Monday that his administration would look to pause the tax “till it’s appropriate”, as drivers count the cost of the surge in oil prices in the two months since US and Israel forces attacked Iran. Continue reading...