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President Donald Trump voiced support for a gasoline tax holiday to counter rising prices at the pump, as the cost of oil soars while the war with Iran drags on.
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BP, Shell, TotalEnergies Pocket Billions in War-Driven Trading Windfall Crude Oil Prices Today | OilPrice.comFuel, munitions and food: Trump's Iran war rips across US economy Financial TimesThe Iran war will change global energy markets in these important ways, oil executives say CNBC
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Congress would have to agree to any suspension, and dropping federal taxes would not make up for the steep increase in prices since the war began.
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Oil prices climb again as Washington and Tehran fail to agree terms to end war and reopen Strait of Hormuz
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