Tehran says Strait of Hormuz "under Iran's control" after Trump threat
Tehran has asserted that the Strait of Hormuz is "under Iran's control and management" after President Trump said the U.S. might "keep it."
Watch CBS News
Tehran has asserted that the Strait of Hormuz is "under Iran's control and management" after President Trump said the U.S. might "keep it."
President Trump said Wednesday that the U.S. has "total control" over the Strait of Hormuz, writing on social media: "I THINK WE WILL KEEP IT."
The U.S. and Iran are close to agreeing on "some sort of arrangement," Pakistan's defense minister told Bloomberg on Tuesday.
President Trump signaled he would be piling economic pressure on Iran as the stalemate continued and Tehran laid out new conditions to reopen the Strait of Hormuz.
The United Arab Emirates' Abu Dhabi National Oil Company said one of its ships was targeted while transiting the strait.
Construction on what some advocates consider America's most dangerous pipeline now faces a setback after Michigan's Supreme Court overturned a permit needed to move forward with the project.
The secretary of state said progress has been made in the Iran-Oman talks but that no final agreement has been reached, adding, "We're hoping that will happen very shortly."
President Trump said negotiations with Iran are set to begin Monday after announcing Saturday night that he canceled a pending attack on Iran.
A vote in the Senate to limit President Trump's war powers has narrowly failed again. Three Republicans voted in favor of it.
U.S. households will spend roughly $4,000 per student on school supplies and lunches this year, a new analysis found.
Crude prices dropped as the U.S. Ambassador to the UN said suspension of attacks is aimed at finding a diplomatic solution.
Talks between Oman and Iran on reopening the Strait of Hormuz and their respective territorial waterways have made progress, two sources told CBS News.
Despite U.S. assertions, the CEO of a maritime risk firm says "there is no guarantee of safe passage" through the Strait of Hormuz.
The national average for a gallon of gas reached $4.003 on Monday, the first time in over a month it has crossed that threshold, AAA data shows.
Two U.S. service members were killed earlier in Jordan and a third was missing in action, the U.S. Central Command said.
Iran said it would attack "all infrastructure in the region" if President Trump follows through on his threats to attack Iranian civilian infrastructure.
As the U.S. restarts its Iran blockade and carries out more strikes, President Trump has called off a planned 20% fee on shipping through the Strait of Hormuz.
As the agriculture industry in Louisiana contends with major energy cost hikes brought on by the Iran war, some farmers are unsure if their businesses will survive.
Prices at the pump sank following a June ceasefire. But renewed conflict in the Middle East and other factors are driving fuel costs back up.
Lower jet fuel costs spell relief for airlines. But that doesn't mean they'll pass savings onto customers by lowering airfares, experts said.
The Freedom Fuel Network is offering gasoline for more than 30 cents a gallon below the national average.
Oil prices jumped 6% while U.S. stocks fell as renewed Middle East conflict threatens crude shipments through the Strait of Hormuz.
The U.S. is "going to win one way or the other," President Trump said Monday, as Iran held a colossal public funeral for its slain supreme leader.
Antitrust regulators suggested that state attorneys general could assist in investigating unlawful conduct by companies.
Vance says the U.S. has accomplished its "core mission" in Iran, as Steve Witkoff and Jared Kushner meet mediators in Qatar, but not Iranians.