US PRESIDENT BIDEN: TO DECIDE BY END OF WEEK ON WHETHER TO ANNOUNCE GAS TAX HOLIDAY

US President Joe Biden on Tuesday, he would decide by the end of the week whether to ask Congress to suspend the tax to help with high gas prices.

A potential suspension of the federal gasoline tax would have some, but not significant, impact on highway funds, Biden said.

Attention now turns towards his press conference scheduled later this Wednesday at 1800 GMT.