The Trump administration is working with Congress to suspend federal excise taxes on gasoline and diesel as the war in Iran drives up oil and fuel costs.
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Send a tip to our reporters Site feedback: Take our Survey New Window By Jennifer A Dlouhy and Ari Natter May 19, 2026 at 4:52 PM UTC The Trump administration is working with Congress to suspend federal excise taxes on gasoline and diesel as the war in Iran drives up oil and fuel costs .
Talks are underway on drafting the fuel tax suspension in a way that provides relief without provoking a run on gasoline supplies, while also preventing other unintended consequences, a senior administration official said.
