Iran peace agreement could bring relief at gas pump
President Trump said he has made a “great deal” for peace with Iran, but nothing has been signed just yet. Lauren Victory reports.
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President Trump said he has made a “great deal” for peace with Iran, but nothing has been signed just yet. Lauren Victory reports.
President Trump says the Strait of Hormuz will open, and a U.S. naval blockade on Iran will be lifted, once the deal is signed at the end of the week. Lauren Victory reports.
Experts at GasBuddy say the next few days will be very telling, especially if traffic begins moving in the Strait of Hormuz.
They say if the deal progresses in the right direction, we could see gas prices dip below $3.75 a gallon before the July 4th holiday.
Travel editor Peter Greenberg weighs in on gauging gas prices impacting passengers.
President Trump said the U.S. has taken out "millions" of barrels of Iranian oil in the dead of night, and said inflation will come down when the war ends.
Inflation across the U.S. accelerated in May as the shock to global energy supplies from the Iran war continued to push prices higher. The Consumer Price Index rose at an annual rate of 4.2%, up from 3.8% in the prior month and marking the highest level since April 2023.
As thousands of Chicagoans wrap up road trips over the Memorial Day holiday weekend, gas prices in the city have reached the highest levels seen in four years.
We know Memorial Day weekend is the symbolic start of summer, and a lot of Americans are on the move. But prices for things like travel, and the foods you might buy for your summer cookouts, are going up. Shanelle Kaul reports on just how much.
One week away from Memorial Day weekend and the unofficial start of the summer travel season, with gas prices remaining high, negotiations were set to resume Monday at the largest oil refinery in the Midwest. Victor Jacobo reports.
Chicago and surrounding areas have felt climbing gas prices more acutely lately due to some refinery issues, but resolving those won't necessarily be enough to stop the skyrocketing.
Chicago and surrounding areas have felt climbing gas prices more acutely lately due to some refinery issues, but resolving those won't necessarily be enough to stop the skyrocketing.
Chicago area drivers, some nearly on empty, are heading to Indiana, where there's been a big drop in gas prices in the past week.
President Donald Trump is signaling both a possible escalation over Iran and new efforts to ease pressure at the gas pump.
Indiana's governor announced the suspension of the state's gasoline excise tax, which is 36 cents a gallon. On top of that, he also extended the usage tax suspension for another 30 days, which is 23 cents for the month of May.
President Trump has rejected Iran's latest ceasefire proposal, calling it "totally unacceptable." Oil prices jumped further in the wake of his rejection.
Americans on tight budgets are getting hit especially hard by surging fuel costs, forcing some to make hard choices.
Gas prices are now 52% higher than prior to the Iran war, with drivers paying $1.56 more per gallon, data shows.
The Meals on Wheels program in DuPage and Kane counties is feeling the effect of high gas prices, especially among the volunteers they rely on to help get meals to senior citizens in need.
The Meals on Wheels program in DuPage and Kane counties is feeling the effect of high gas prices, especially among the volunteers they rely on to help get meals to senior citizens in need.
Rideshare drivers say it's getting difficult to continue working as gas prices surpass $6 in the city.
Rideshare drivers say it’s hard to make a livable wage as gas prices continue to climb amid the war with Iran.
Gas prices in Chicago have risen 62 cents a gallon in the past week. A gallon of regular gas is more than $6 in some neighborhoods, and the Illinois average is almost 50 cents above national average.
Chicago gas prices jumped up 62 cents in just the past week. In some neighborhoods, it's over $6 for a gallon of regular.
Iran has threatened to attack any vessel that tries to transit the strait without its permission, and the UAE said Monday that a state-owned energy company's vessel was targeted by drones in an "Iranian terrorist attack."
In each incident, police said a group of men approached the victims and took their property by force while on the platforms.
An Extreme Heat Watch is taking effect on Monday in Cook County.
The search continues Saturday for a man who Elgin police said was running away with a large knife and went into the Fox River after an incident Friday morning.
New York City confirmed that an application was filed for an event at MSG, but nothing has been publicly confirmed by Swift or Kelce.
A man was found shot to death in Chicago's Greater Grand Crossing neighborhood on Friday night.
Fourteen new laws will go into effect in Illinois on July 1, 2026.
Prediction market Kalshi sued Illinois on Tuesday, seeking to block new taxes and license requirements set to take effect July 1.
The U.S. military says it hit Iranian targets over Iran's drone attack on a commercial vessel in the Strait of Hormuz, marking the first American strikes on Iran since the two countries formally agreed to extend a ceasefire last week.
Led by Sen. Cory Booker of New Jersey, a group of Senate Democrats suggested the Justice Department violated its internal policies with the creation of the "anti-weaponization" fund.
Bolton agreed to pay a $2.25 million fine, pleading guilty to one count of retaining classified national security information.
Illinois Gov. JB Pritzker on Thursday signed several new consumer protections into law, including a ban on junk fees.
CBS News Chicago has learned that Illinois home insurance premiums are not only higher than the nation's average, but going up faster too.
As an alternative to legalizing video gambling terminals citywide, Bally's offered to open slot machine lounges at O'Hare and Midway, saying the move would replace the $6.8 million the city budgeted from VGTs.
An Illinois law banning "swipe fees" on taxes and tips — already delayed twice by lawmakers — appears to be on life support after a federal judge that once permitted it issued a permanent injunction against it this week.
A new study from the Cook County Treasurer's office underlines growing concerns about the impact the Illinois megaprojects bill could have on the county's property tax base and overall fiscal health.
The north Chicago suburb of Glenview became the latest Illinois municipality this week to confirm mosquitoes testing positive for the West Nile virus this year.
Environmental and community groups are suing the U.S. Environmental Protection Agency for failing to act on a petition challenging U.S. Steel Gary Works operating permit renewal.
In the four years since Roe v. Wade was overturned and Illinois became a destination for abortion care, Illinois providers and advocates have rebuilt the state's infrastructure to support the tens of thousands of people who travel to the state for abortion services every year.
June is National Aphasia Awareness Month, raising awareness of a disorder that affects a person's ability to speak, write, and understand both spoken and written language.
The Chicago Department of Public Health issued a warning Tuesday about a possible measles exposure at O'Hare International Airport.
As an alternative to legalizing video gambling terminals citywide, Bally's offered to open slot machine lounges at O'Hare and Midway, saying the move would replace the $6.8 million the city budgeted from VGTs.
Daley's Restaurant, known as Chicago's oldest, has served Chicago's Woodlawn neighborhood for more than 130 years.
Walgreens is set to close in Chicago's Chatham neighborhood on Thursday, and there's growing concern about where families will get their medications.
The owners of Gene & Georgetti steakhouse are suing a concessions operator over their expansion at Midway International Airport.
DraftKings announced Monday that it is closing its sportsbook operation at Wrigley Field after only about two years.
Lionel Richie's Chicago concert at the United Center has been postponed after the singer became sick at his tour opener in St. Paul, Minnesota.
Legendary musician Lionel Richie had to cut his performance short Wednesday night in St. Paul, Minnesota, leaving fans with many questions.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
Claude Guillemot and a flight instructor were flying in a twin-motor Cessna 421 on Friday evening. An investigation into the crash is underway.
James Burrows directed more than 1,000 episodes of television, including every episode of the original "Will & Grace."
Author Annie Mare joins CBS News Chicago to discuss Chicago Pride Book Fest and her inspiration for her own books.
A man was found shot to death in Chicago's Greater Grand Crossing neighborhood on Friday night.
One person died after a crash involving an Illinois Department of Transportation vehicle on I-57 in the south Chicago suburbs early Saturday morning.
Grand Crossing is welcoming the new "Life in Color" Gallery
Meteorologist Mary Kay Kleist is tracking a heat wave.
Illinois Congressman Mike Quigley officially launches his 2027 Chicago mayoral campaign, becoming the fourth candidate so far to announce their run for the seat currently held by Brandon Johnson.
An Extreme Heat Watch is taking effect on Monday in Cook County.
In each incident, police said a group of men approached the victims and took their property by force while on the platforms.
One person died after a crash involving an Illinois Department of Transportation vehicle on I-57 in the south Chicago suburbs early Saturday morning.
The search continues Saturday for a man who Elgin police said was running away with a large knife and went into the Fox River after an incident Friday morning.
An Uber driver who was assaulted during a ride said he begged Chicago police officers not once but twice for help, but was left to fend for himself.
CBS News Chicago has learned that Illinois home insurance premiums are not only higher than the nation's average, but going up faster too.
The Cook County Sheriff's Office has been a part of Illinois' enhanced CTA security plan and state-led task force dedicated to making it safe since the end of March. Their officers have worked more than 4,000 hours a month.
A rideshare driver was shot in Chicago's North Lawndale neighborhood on Monday night.
After a violent holiday weekend, Chicago city leaders are expected to announce new support for a dedicated Department of Gun Violence Prevention.
A Chicago teacher is hard at work on his quest to visit every NCAA Division I Football Bowl Subdivision stadium in America, while also strengthening bonds between the sports world and the LGBTQ+ community.
Walmart heir Lukas Walton and his wife Samantha have purchased a minority stake in the Chicago Bulls and the United Center, the team announced Friday.
There was a big honor for a Chicago Bulls legend as Mayor Brandon Johnson declared Thursday to be Horace Grant Day.
Pete Crow-Armstrong laced an RBI double in the 10th inning, powering the Cubs to a 4-3 victory Thursday night over the sinking Mets and a sweep of the four-game series.
Pope Leo XIV has received a special gift from former Chicago White Sox catcher A.J. Pierzynski.
A 20-year-old Chicago man is accused of being the administrator of a Signal messaging group that was allegedly planning a terrorist attack on the UFC event at the White House.
Two people are dead after they were found shot behind a residential building in the Dunning community on Chicago's Northwest Side Thursday afternoon.
A registered sex offender was ordered detained until trial Thursday on charges that he sexually abused a 6-year-old girl at a bus stop in Chicago's Chatham community last weekend.
A man was shot and critically wounded in broad daylight on Chicago's Near West Side Thursday afternoon.
U.K. influencer Brooke George says a man she met online repeatedly assaulted her in the UAE, according to an advocacy group. Now she's facing possible execution for allegedly stabbing him to death.
