The current price of gas is impacting drivers who commute across the country.
The president told reporters he would "reduce" the tax "until it's appropriate."
Global oil prices have soared more than 50% since the war began.
Duffy said reaching the U.S.'s objectives "will play out" over several weeks.
U.S. Central Command launched "Project Freedom" to reopen the Strait of Hormuz.
The convenience and fuel retailer is offering up to 40 cents off per gallon.
