US gasoline prices dip modestly as oil eases ahead of midterms
Al Jazeera reported that average U. S. gasoline prices slipped 12 cents to $4. 17 per gallon, while diesel stayed above $6, as oil prices fell amid diplomatic talks on the Iran conflict ahead of the 2026 midterm elections. Earlier, NewsBytes said gasoline, diesel and jet fuel prices rose after a U. S.
strike on Iran in February 2026, prompting President Donald Trump to unveil an $8 billion relief package and a tax exemption for off-road diesel used on highways. CNBC noted that fuel prices were at historic highs on election day, contradicting the president’s pledge to cut gasoline below $2 per gallon within his first year. HuffPost cited American Automobile Association data showing that gasoline prices during President Trump’s second term have been slightly higher than under the previous administration. Hindustan Times reported that overall consumer prices had climbed 5. 4% since President Trump took office, with gasoline among the sharpest increases, fueling voter discontent ahead of the midterms.
