Trump wants to reduce the cost of fuel as the midterms loom - will it work?
The price of fuel has soared as the cost of living emerges as a key issue for millions of Americans.
Gas prices have surged since conflict erupted between the US and Iran, causing concern among voters ahead of the midterms. President Trump has proposed various measures to lower fuel costs, but their effectiveness remains uncertain with just weeks left until the election. Some of Trump's actions, like allowing tax-exempt diesel use on US roads and urging states to reduce state taxes, have shown promise in easing the burden at the pump.
However, these solutions may face political hurdles, particularly suspending federal gasoline taxes which would require Congressional approval. Ultimately, resolving the underlying geopolitical tensions with Iran and Russia appears to be the key to lasting relief in fuel prices, though such outcomes are beyond the administration's control.
Written by urgent.news from BBC Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
