Trump promises not to resume Iran strikes before midterm elections
Crude oil prices had shot up on Thursday after reports President Trump was considering more strikes. They immediately dropped again after his new announcement.
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Crude oil prices had shot up on Thursday after reports President Trump was considering more strikes. They immediately dropped again after his new announcement.
Iran's Houthi allies deny that they've lost ground to Yemen's Saudi-backed military, as oil prices ease despite the Middle East crisis erupting in a battle over control of another key waterway.
President Trump says U.S. and Iranian negotiators are talking via mediators, but insists he has "offered them NOTHING" to get a peace deal done.
The Supreme Court will soon hear arguments in the major climate change lawsuit between two energy companies and the city and county of Boulder, Colorado.
President Trump told the U.N. he's deciding whether to make a deal or drive Iran "into hell." Iran's president is slated to address the world body today, Iranian state media say.
U.N.-commissioned rights experts say there are "reasonable grounds" to believe the U.S. committed war crimes with strikes that killed scores of Iranian civilians.
Uncertainty over global oil supplies tied to Middle East tensions has pushed Florida's gas average to $4.28 a gallon, AAA says.
The alerts did not cite a specific threat, but called for Americans to "exercise heightened vigilance."
The Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.
The Iran-backed Houthis expanded their control over the strategy Bab-el-Mandeb strait, as strikes continued in the Strait of Hormuz.
U.S. jets were hit by Iranian missiles while parked at a base in Jordan, sources tell CBS News, while Trump said the war will end "immediately" after midterms.
Oil prices are rising steadily with no end in sight to the U.S.-Iran standoff impeding tanker traffic in the Strait of Hormuz.
Higher gas and diesel prices have cost Americans an additional $100 billion since the Iran war began, according to a Brown University tracker.
Iran on Sunday threatened a "more painful" response to U.S. strikes on three Iranian oil tankers.
Diesel hit a record of $5.85 a gallon Friday, eclipsing its prior mark of $5.81, set in June 2022.
Iran responded to a warning from President Trump with claims of new strikes against U.S. forces in Kuwait and the United Arab Emirates.
As the war with Iran continues, CBS News is tracking gas and oil prices. Find out how much more it costs to fill up your tank or heat your house.
U.S. forces announced new strikes against targets linked to Iran's Revolutionary Guard, marking another round of attacks as the U.S. and Iran return to hostilities.
The deal involves developing 17 strategic oil fields in Venezuela, an undertaking that experts said could take years.
As the war passes the six-month mark, neither side showed any sign of backing down.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
President Trump has accused oil companies like Chevron and ExxonMobil of "making too much money." He owns shares of both.
As U.S. economic pressure bites, Iran touts a plan with Oman to get ships moving through the Strait of Hormuz and suggests the next move is Trump's.
Iran's economy minister said the country has been preparing for a long time for the sanctions U.S. Treasury Secretary Scott Bessent described as the "greatest financial offensive" ever.
The new head of Iran's supreme national security council issued the warning to countries who join the U.S.'s economic war on Tehran.
