Trump's quest to bring down gas prices ahead of the midterms is not going great

Key Points:

• President Trump has promised voters that gas prices will decrease before the midterm elections, citing past prices below $2 per gallon and recent policy moves like suspending fuel export sanctions on Russia.
• Despite these assurances, gas prices remain high, with the national average at $4.36 per gallon as of Sunday, up from $3.09 a year ago, and diesel prices reaching $6.28 per gallon earlier this month.
• Ongoing geopolitical tensions, including US and Israeli strikes on Iran, Iranian-backed attacks on Saudi oil infrastructure, and incidents like the mined oil tanker in the Strait of Hormuz, continue to disrupt oil supplies and keep prices elevated.
• Efforts to broker an "ENERGY CEASEFIRE" between Russia and Ukraine have been met with skepticism and conflicting reports, with continued attacks such as a drone strike on a Kyiv power plant undermining stability.
• Given the persistent conflicts and supply disruptions, it appears unlikely that gas prices will fall significantly before the November midterm elections, posing a challenge for Trump's campaign promises.