Iran War Spurs States to Consider Gas Tax Halt as Fuel Costs Surge

The war in Iran is prompting states across the country to consider temporarily cutting fuel taxes, a relief measure that could cost them millions of dollars.

As war in the Middle East pushes up energy prices, some government officials are advocating for gas tax holidays to try to help consumers struggling with average costs of $4 a gallon, up roughly 30% from a year ago. Even with the US and Iran reaching a fragile ceasefire, drivers are likely to face elevated gas prices for the near future.