Biden calls for 3-month suspension in gasoline tax amid ongoing inflation

US President Joe Biden has called for a three-month suspension of the federal gasoline tax.

The White House announced on Wednesday that Biden is calling on Congress to take action to provide relief to American consumers hit with "Putin's Price Hike."

The proposal to suspend the 18-cents-a-gallon federal gasoline tax through September comes after the average price of gasoline in the US topped a record five dollars a gallon this month. Prices are about 60 percent higher than they were a year ago.

Biden's support ratings have been stuck at their lowest levels amid rising prices in the US. The president has consistently blamed Russian President Vladimir Putin for the inflation.

The latest move is seen as an attempt by Biden to ease some of the burden Americans are feeling during the summer travel season.

But some experts say a suspension of the tax would have a limited impact on prices at the pump, prompting speculation that Biden may be forced to take further anti-inflation steps ahead of the November midterm elections.