Iran says it's reviewing the latest proposal from the U.S. to end the war
Iran said it is also taking steps to permanently control the Strait of Hormuz.
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Iran said it is also taking steps to permanently control the Strait of Hormuz.
President Trump said a deal to end fighting with Iran is "very possible."
President Trump is threatening Iran with more attacks if the country doesn't accept a peace agreement and reopen the Strait of Hormuz. CBS News correspondent Natalie Brand reports.
Filling up at the gas station has become even more painful in Massachusetts in the past few days.
Iran says it fired warning shots at U.S. ships in the Strait of Hormuz, however President Trump said the U.S. wasn't the target.
Gas prices continue to rise amid the ongoing war in Iran.
President Trump rejected Iran's latest proposal to end the war with the U.S.
Iran said it had handed over a new proposal after the Trump administration rejected their previous offers.
The war with Iran is pushing oil and gas prices higher every day.
The president says Iran should feel pressure, and that the time to reach an agreement is ticking away.
President Trump said no ship can enter or leave the Strait of Hormuz without U.S. approval until Iran can make a deal.
Iran confirmed it carried out two of the attacks on cargo ships, possibly dimming the chances of peace talks.
The U.S. will extend a ceasefire with Iran until peace talks conclude, Trump said.
President Trump said he is extending the ceasefire with Iran at Pakistan's request, but is still waiting for a formal proposal on how to end the war.
Peace talks for a long-term end to the fighting between the United States and Iran are still not confirmed. CBS News correspondent Natalie Brand explains why.
Only a few hours remain until the ceasefire with Iran expires.
The price of diesel is nearing $6 a gallon in Massachusetts.
Iran has closed the Strait of Hormuz again on Monday, only allowing three vessels through the entire day.
Tensions in the Straight of Hormuz escalated as a ceasefire with Iran is set to expire. CBS News correspondent Natalie Brand reports.
The United States says it fired on the ship and seized it because it had crossed the blockade line after ignoring multiple warnings.
The president says the deal will be formally announced in the next few days.
Iran has fully reopened the Strait of Hormuz to commercial vessels. CBS News correspondent Natalie Brand reports.
The budget-friendly airline may be running out of time due to surging jet fuel costs.
President Trump announced that Israel and Lebanon had agreed to a potential 10-day ceasefire.
The president believes negotiations with Iran will resume, but no firm plans are in place yet.