Oil prices already dropping after U.S.-Iran peace announcement
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.
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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.
Pakistan's prime minister said Sunday the U.S. and Iran had reached a deal that includes "the immediate and permanent termination of military operations on all fronts, including in Lebanon."
Experts at GasBuddy say the next few days will be very telling, especially if traffic begins moving in the Strait of Hormuz.
President Trump said earlier Thursday he called off new military strikes on Iran, hours after threatening to escalate the war.
The Trump administration called the strikes self-defense, targeting Iranian surveillance, communications, and air defense systems. Jarred Hill reports.
The two crew members were rescued by a sea drone in the first such operation ever carried out by the U.S. military, officials told CBS News.
President Donald Trump says Iran shot down a U.S. Army Apache helicopter on patrol over the Strait of Hormuz on Monday night. CBS News learned the military deployed a drone to save the two crew members.
Israel and Lebanon agreed Wednesday to renew their fragile ceasefire and create a number of "pilot" security zones inside Lebanon where Hezbollah would be banned.
The vice president says the U.S. and Iran are "very close" to a deal, but are "not there yet." Meanwhile, the U.S. struck Iran, which retaliated against a U.S. base.
President Trump says he scrapped a planned attack on Iran at the request of Gulf allies as "serious negotiations" on a peace deal are underway.
Meanwhile, Tehran says it will soon lay out a plan to move traffic through the Strait of Hormuz. Bradley Blackburn 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.
President Trump said U.S. forces destroyed seven or eight Iranian small boats during the encounter.
Iran launched attacks on the UAE and tankers in the Strait of Hormuz while the U.S. destroyed Iranian boats "that attempted to interfere" with Project Freedom.
For the first time in nearly a month, Iran fired on the United Arab Emirates, a key U.S. ally, launching a missile and drone attack.
Amid the United States’ ongoing war with Iran, the United Arab Emirates has issued another missile alert, warning of an attack in their country, but didn't say what prompted it. Meantime, the U.S. has launched a new operation to help commercial ships sail through the Strait of Hormuz.
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."
According to Iran’s state media, Iran’s latest proposal to the U.S. calls for issues between the two nations to be resolved within 30 days and aims to end the war rather than extend the ceasefire.
Chicago gas prices are spiking as the war with Iran drags on, with regular gas nearing $6 in some spots and premium already selling for more than $7 in some places.
The president says he scrapped the delegation's trip after Iran declined to meet directly with American negotiators.
In the last hour, CBS News learned that President Trump ordered the military to “shoot and kill” American small boats that are choking the Strait of Hormuz. Jarred Hill reports.
Iran renews attacks in the Strait of Hormuz after Trump says he's extending a ceasefire indefinitely, as thousands more U.S. forces head for the region.
A gun boat from Iran's Revolutionary Guard Corps fired on a container ship in the contested waterway before a cargo ship came under fire in a separate attack, the British military says.
With a two-week ceasefire set to expire and Iran balking at the resumption of peace talks, President Trump said he would be extending the deadline to allow for Iran to "come up with a unified proposal."
Iran balked at President Trump's demands for a peace deal amid a standoff over the Strait of Hormuz, as fear the war could reignite hits oil and energy markets.
