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Senator Hawley plans legislative action supporting President Trump’s bid to waive the petrol tax amid rising consumer costs.

United States President Donald Trump said he will cut the 18-cent federal tax on petrol to offset surging prices that have continued to soar after his comments that the US ceasefire with Iran is on “life support”.

On Monday, Trump said he would suspend the petrol tax, but did not specify an end date.

“Yup, we’re going to take off the gas tax for a period of time, and when gas goes down, we’ll let it phase back in,” Trump told CBS News.

Trump later told reporters that he would waive the tax, which generates $2.5bn in funds used for US roadway infrastructure, “till it’s appropriate”.

The US administration hinted at the idea on Sunday, when US Energy Secretary Chris Wright told the NBC News programme Meet the Press that the White House was considering suspending the tax.

While the Republican president claimed he would waive the tax, that is not within the White House’s authority. Suspending a federal tax requires an act of the US Congress.

However, key Trump ally Senator Josh Hawley, a Republican from Missouri, said on the social media platform X that he would introduce legislation on Monday to do that.

In March, Senator Mark Kelly, a Democrat from Arizona, proposed suspending the tax until October.

“I anticipate it would pass, but there could be a procedural delay. It also suggests that President Trump doesn’t see a quick end to the reduced volumes and is trying to cushion the American consumer,” Rachel Ziemba, adjunct senior fellow at the Center for a New American Security, told Al Jazeera.

“The impact could be greater in states that have also reduced their own petrol taxes and could reinforce differentiation between petrol prices by region.”

US states also tax petrol, with Indiana, Kentucky and Georgia moving to make cuts to give consumers some relief at the pump.

Petrol prices have continued to climb since the initial strikes of the US-Israel war on Iran on February 28. The average price for a gallon (3.78 litres) of regular petrol is $4.52, according to the American Automobile Association, which tracks daily petrol prices, compared with $2.98 when the strikes first began.

However, news of the stumbling ceasefire has sent oil prices surging. Brent crude futures were up $3.17, or 3.13 percent, at $104.46 a barrel, while US West Texas Intermediate crude was at $98.32 a barrel, up $2.90, or 3.04 percent. Brent reached a session high of $105.99 and WTI hit a peak of $100.37.

On Wall Street, stocks for oil and gas giants are trending upward. Shell was up 1.6 percent in midday trading, Exxon rose 3.1 percent, BP gained 2 percent, and Chevron climbed 1.7 percent.

Airline bailout?

Trump was also asked by CBS on Monday whether a bailout was planned for the airline industry, which has taken a hit since the war on Iran began.

The president told the outlet that a bailout had not “really been presented” and that “the airlines are doing not badly”.

However, earlier this month, budget carrier Spirit Airlines ceased operations after 34 years. Court documents said the airline shut down because of “recent geopolitical events resulting in a massive and sustained increase in fuel prices”.

That comes as other major US carriers raise prices. In April, United Airlines said it would raise fares by 20 percent amid a surge in jet fuel costs.

May 1 (UPI) — South Korea’s Financial Supervisory Service (FSS) reportedly decided Thursday to suspend the business operations of Lotte Card for 4 1/2 months over a data breach.

The financial watchdog is also reported to have finalized the disciplinary measure, including a $3.4 million penalty and a reprimand warning for its former CEO Cho Jwa-jin.

The FSS declined to confirm the reports, while Lotte Card acknowledged it.

“Imposing a business suspension over a hacking case would be an unprecedented level of sanction,” Lotte Card said in a statement.

“As follow-up procedures remain, including a resolution by the Financial Services Commission (FSC), we will fully explain our position regarding the severity of the punishment, as well as our post-incident response efforts,” it added.

Nearly 3 million Lotte Card customers had their personal information compromised last year. The state-run Personal Information Protection Commission has already imposed a $64 million fine on the firm over the incident.

Following the FSS decision, the FSC is expected to make the final call in the coming months.

In 2019, South Korea’s leading private equity company, MBK Partners, teamed up with Woori Bank to acquire a 79.8% stake in Lotte Card for about $1 billion. MBK took 59.8%, and Woori held the remaining 20%.

MBK Partners sought to sell its stake in Lotte Card in 2023 but failed to find a buyer, and a similar effort last year also yielded limited results.

Lotte Card is not publicly listed.

Ryanair is warning customers after problems with the European Entry/Exit System (EES)

Ryanair has provided an update regarding its stance on the new European Entry/Exit System (EES), which is continuing to pose difficulties for travellers. The system affects Brits heading to the Schengen zone, encompassing sought-after destinations including France, Germany, Greece, Italy, Portugal, and Spain.

It is a digital system that is taking the place of conventional passport stamps. Travellers may need to register biometric information, such as fingerprints and a photograph, upon arrival. No advance action is required before reaching the border, and there is no charge for using the system.

EES officially went live on April 10, 2026. Yet difficulties with the system, particularly during peak periods at busy airports, have resulted in its suspension in several countries on multiple occasions.

Budget carrier Ryanair issued a blistering message on social media, demanding the EES rollout be halted until September. The low-cost airline criticised France, Portugal, Poland, Italy, Spain, and Germany for failing to ‘ensure that adequate staffing, system readiness, or kiosks are in place’.

Reports indicate that passengers have been left waiting for hours due to the new system, with some even missing their flights as a result. Branding the system as ‘half-baked’, Ryanair’s statement read: “Despite knowing for over three years that EES would become fully operational from 10 April 2026, France, Portugal, Poland, Italy, Spain, and Germany have failed to ensure that adequate staffing, system readiness, or kiosks are in place.

“As a result, passengers are suffering long passport control queues and, in some cases, missing their flights.

“Ryanair calls on these EU Governments to suspend the rollout of the EU’s passport control Entry/Exit System (EES) until September to ensure that passengers are not needlessly forced to suffer long passport control queue delays at European airports during the peak summer season.”

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The system was gradually rolled out from October 2025 before coming into full effect on April 10 across Schengen countries, which comprise 25 of the EU’s 27 member states alongside Iceland, Norway, Liechtenstein, and Switzerland.

Frustrated holidaymakers have reported a range of issues, from an insufficient number of kiosks to handle registrations, to malfunctioning fingerprint scanners and being forced to repeat the entire process on both arrival and departure.

The experts call Israel’s bombardment of Lebanon on April 8 ‘a blatant violation of the UN Charter’.

A group of United Nations experts has denounced Israel’s attack on Lebanon a day after the United States and Iran agreed a ceasefire as illegal and urged UN member states to halt all arms transfers to Israel.

The 19 experts – including special rapporteurs and independent experts across a range of human rights mandates – issued the condemnation on Wednesday as Israel continued to pound areas of southern Lebanon, killing at least 16 people, including four paramedics, Lebanese state media reported.

Referring to a devastating wave of Israeli attacks across Lebanon on April 8, which Lebanese authorities said killed more than 350 people, including 30 children, the experts said: “This is not self-defence. It is a blatant violation of the UN Charter, a deliberate ‌destruction of prospects for peace, and an affront to multilateralism and the UN-based international order.”

They called for Israel to “cease all military operations in Lebanon” and urged UN member states to halt arms transfers to Israel while “there is credible evidence of serious violations of international humanitarian and human rights law”, according to the UN Human Rights Council.

Israel escalated its attacks on Lebanon on March 2 after the Lebanese armed group Hezbollah fired rockets into Israel in response to the US-Israel killing of Iranian Supreme Leader Ali Khamenei two days earlier, the first day of their war on Iran.

Israel has carried out a devastating bombardment across Lebanon and a ground invasion in the south, killing more than 2,000 people and forcibly displacing more than 1.2 million.

The UN experts said such forced displacement “of a civilian population constitutes crimes against humanity”. They also condemned Israel’s targeted “destruction of homes”, particularly in predominantly Shia areas of the south, as “a form of collective punishment” that “points to ethnic cleansing”.

Israel’s continuing bombardment of Lebanon has been a point of tension in US-Iran negotiations. Tehran said Lebanon should be covered in the ongoing ceasefire. Israeli Prime Minister Benjamin Netanyahu said Lebanon is ‌not ‌part of the ceasefire with Iran and Israel will continue to target Hezbollah “wherever required”.

On Saturday, days before Israel and Lebanon held rare, high-level diplomatic talks in the US, Netanyahu said Israel wanted long-term peace with Lebanon but on the condition that Hezbollah is disarmed.

The Reuters news agency quoted a senior Israeli official as saying ⁠Israel’s security cabinet planned to convene on Wednesday evening to discuss a possible ceasefire in Lebanon. It also quoted several senior ⁠Lebanese officials as saying ceasefire efforts were under way.