Bloomberg Television · Is There Congressional Support For Trump's Temporary US Gas Tax Halt?

1. 1. China's diminishing oil stockpiles due to the Iranian confrontation position them to help resolve the Strait of Hormuz issue.
2. 2. Despite severe economic hardship and triple-digit inflation, Iran continues executions and tolerates significant pain among its people.
3. 3. President Trump prioritizes preventing Iran from acquiring nuclear weapons over concerns about Americans' financial situations or gas prices.
4. 4. President Trump views ending the forty-seven-year conflict with Iran as a consequential "second term mission" to achieve a real peace dividend.
5. 5. President Trump's proposed 18-cent federal gas tax holiday is symbolic, as actual high prices stem from global costs, not local gouging.