From the archives: Grappling with the 1973 oil crisis
On Nov. 29, 1973, CBS News aired a special report titled "Making It Through This Winter," spotlighting the ways Americans were making do amid the oil crisis. Watch the program in full.
Watch CBS News
On Nov. 29, 1973, CBS News aired a special report titled "Making It Through This Winter," spotlighting the ways Americans were making do amid the oil crisis. Watch the program in full.
The average cost of gas in the U.S. is up nearly 50 cents in a week as the U.S.-Israeli war with Iran rages on. Here's what some lawmakers are saying about the spike in prices.
Months after the U.S. minted its last penny, Americans are experiencing a shortage of the one-cent coin. CBS News reporter Kati Weis has the details on how some states are working on legislation to address the rounding issue in cash purchases.
The Fertilizer Institute says the war with Iran is disrupting the fertilizer supply chain and pushing prices up roughly 30% in the past few weeks. Lance Lillibridge, a farmer in Vinton, Iowa, joins CBS News to discuss the impact he's seeing.
The Strait of Hormuz sees roughly 20% of the world's oil flow through it, and tankers are stalled on both sides of the narrow chokepoint amid suspected Iranian drone attacks, rattling oil markets. Mike Sommers, president and CEO of the American Petroleum Institute, joins "The Takeout" with analysis.
The International Energy Agency agreed Wednesday to release 400 million barrels of oil from its strategic reserves to alleviate the shortage caused by the Strait of Hormuz shutdown. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
The pressure to reopen the Strait of Hormuz is intensifying, along with the rhetoric around it from the U.S. and Iran. Matt Smith, an analyst at the data firm Kpler, joins to discuss.
As the war with Iran causes the price of oil to skyrocket, the CEO of United says that it could soon affect airline prices. Clint Henderson, managing editor for travel website The Points Guy, joins to discuss.
Gas prices rose 14% during the first week of the joint U.S.-Israel war with Iran, according to AAA. CBS News contributor J.D. Durkin joins from the New York Stock Exchange with analysis.
The average price of a gallon of gas in the U.S. is up 17% since the war with Iran began. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins with analysis.
New jobs data from February shows an unexpected setback for the labor market. CBS News MoneyWatch correspondent Kelly O'Grady explains.
A weaker-than-expected February jobs report is raising new concerns about the economy. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
The war with Iran has pushed the cost of oil to $80 a barrel. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to unpack the possible repercussions.
Iran's threat to set ships ablaze along the Strait of Hormuz, one of the world's busiest trade routes, is raising concerns about the implications for the global economy. Matt Smith, head U.S. analyst at the data firm Kpler, joins with analysis.
Oil prices continue to climb and U.S. stock markets remain uneasy amid the war with Iran. CBS News' Kelly O'Grady has the details.
President Trump on Tuesday said he ordered political risk insurance for the financial security of all maritime trade traveling through the Gulf. CBS News' Kelly O'Grady has more.
For the first time in history, Iranian officials say the country has closed the Strait of Hormuz following joint strikes from the U.S. and Israel. 20% of the world's oil and gas trade flows through the passage along Iran's southern border. Politico oil and gas reporter James Bikales joins to discuss the potential financial repercussions.
During his State of the Union address on Tuesday, President Trump thanked Michael and Susan Dell for helping fund the new Trump Accounts program, which allows parents to open tax-free investment accounts for their children.
George Zimmerman, the man who says he shot and killed Trayvon Martin in self-defense, is being held in isolation without bond after allegedly deceiving the court about his finances. Mark Strassmann reports.
CBS News has new polling on how Americans feel about the state of economic opportunity. Executive director of elections and surveys Anthony Salvanto breaks down the findings.
Millions of Americans are facing higher utility bills after regulators approved a series of rate hikes. CBS News correspondent Ian Lee reports.
The price of gold has reached an all-time high, eclipsing $5,000 per ounce. Jim Wiederhold, commodity indices product manager at Bloomberg, joins "The Takeout" to dig into why.
Markets closed in the red on Tuesday amid President Trump's tariff threats against European countries for opposing his aim to acquire Greenland. Dr. Sumantra Maitra, fellow at the Royal Historical Society, joins with analysis.
Nippon Steel's acquisition of U.S. Steel came with an unusual provision, a so-called "golden share" that gives President Trump the power to approve some major corporate decisions. U.S. Steel CEO David Burritt talked to "CBS Evening News" anchor Tony Dokoupil about that golden share and the future of the company.
Tuesday marks one year of President Trump's second term, and new CBS News poll numbers show dissatisfaction with his handling of the economy and immigration. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
Iran war could escalate further as Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
The Iran war is testing the U.S. military's ability to combat Iran's drones in a cost-effective way. Emerging laser tech, designed to zap drones out of the sky, may help.
U.S. intelligence has circulated to President Trump's inner circle that Iran's late supreme leader had misgivings about his son replacing him, viewing Ayatollah Mojtaba Khamenei as not very bright.
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
The suspect was responsible for transporting Oseguera's romantic partner to a luxurious cabin, the defense ministry said .
A severe weather front has dumped heavy snow on the Upper Midwest, caused thunderstorms in the South and threatens Mid-Atlantic states with rain and possible tornadoes.
A fifth of seven members of the Iran women's soccer team who accepted refugee visas to stay in Australia has changed her mind, a sport official says.
In an exclusive interview with CBS News Saturday, Federal Communications Chair Brendan Carr doubled down on his warning that broadcast licenses could be revoked amid President Trump's criticisms of media coverage of the war in Iran.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
The top 16 seeds in the 68-team field will host first- and second-round games, with the regional rounds being played at two neutral sites for the fourth straight year.
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
The United States will face the winner of Monday's semifinal between Italy and Venezuela in Tuesday's World Baseball Classic title game.
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
Planning a trip? Travel experts recommend booking your flight soon as the Iran war drives up airline and ticket costs.
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
Rep. Dan Crenshaw, whose term as representative of Texas' 2nd congressional district is set to end following his loss in the Republican primary earlier this month, appeared on "Face the Nation with Margaret Brennan" on Sunday.
On this "Face the Nation with Margaret Brennan" broadcast, Iranian foreign minister Abbas Araghchi and Rep. Dan Crenshaw join Margaret Brennan.
The following is the transcript of the interview with Sen. Mark Warner, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on March 15, 2026.
The following is the transcript of the interview with National Economic Council Director Kevin Hassett that aired on "Face the Nation with Margaret Brennan" on March 15, 2026.
The following is the transcript of the interview with Rep. Dan Crenshaw, Republican of Texas, that aired on "Face the Nation with Margaret Brennan" on March 15, 2026.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
The suspect was responsible for transporting Oseguera's romantic partner to a luxurious cabin, the defense ministry said.
The operation marks the latest joint show of force against drug cartels in the South American country.
Iran war could escalate further as Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz.
A fifth of seven members of the Iran women's soccer team who accepted refugee visas to stay in Australia has changed her mind, a sport official says.
The United States will face the winner of Monday's semifinal between Italy and Venezuela in Tuesday's World Baseball Classic title game.
Grammy award-winner Lizzo exclusively announced on "CBS Mornings" her latest project, a children's book called "Little Lizzo Meets Sasha B. Flute." She spoke with Gayle King about her inspiration for the book and message for young readers.
Clayton Davis, the senior awards editor for Variety, joins "CBS Mornings" to discuss the big moments, winners and surprises at the Oscars.
"One Battle After Another" took home six awards at the Oscars, including Best Picture and Best Director, while Michael B. Jordan won Best Actor for his performance in "Sinners." Meanwhile, actor Billy Crystal led the in memoriam segment with an emotional tribute to Rob Reiner and his wife, Michele, who were killed last year. Nischelle Turner reports on Hollywood's biggest night.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
The North American box office grossed $9 billion last year, far below pre-pandemic numbers. One survey found only half of Americans said they saw a movie in theaters last year. Gwen Baumgardner reports.
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
The Trump administration has blacklisted AI giant Anthropic, labeling it a supply chain risk. The company has sued in response. New York Times tech reporter Sheera Frenkel joins CBS News to break down the feud.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
Closing arguments are expected to begin on Monday in Kouri Richins' murder trial. She's accused of giving her husband a deadly dose of fentanyl four years ago before she later published a children's book about grief. The case included 13 days of testimony, but the defense did not call any witnesses. If convicted, Richins could face life in prison.
The suspect was responsible for transporting Oseguera's romantic partner to a luxurious cabin, the defense ministry said.
The operation marks the latest joint show of force against drug cartels in the South American country.
Jocelyn Peters, a beloved third grade teacher in St. Louis, Missouri, was shot to death in her sleep. The crime scene held an unusual clue – something one detective says he had never seen before.
Suspect Christian Barrios, 32, shot two people multiple times Friday night, St. Johns County Sheriff Rob Hardwick said.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Americans remain concerned about rising prices and conflict abroad as the Iran war enters its third week. Political strategists Kevin Sheridan and Hyma Moore join CBS News with their take on the latest moves by the Trump administration.
Nelson Dellis, a six-time USA Memory Champion and two-time Guinness World Record holder, says he wanted to learn more about memory after seeing his grandmother struggle with Alzheimer's. He gives techniques to improve our memories and discusses his new book, "Everyday Genius."
President Trump is trying to soothe concerns over rising oil and gas prices. This comes as he calls on allies to help protect ships on the Strait of Hormuz from Iranian attacks. CBS News' Charlie D'Agata and Imtiaz Tyab report.
Grammy award-winner Lizzo exclusively announced on "CBS Mornings" her latest project, a children's book called "Little Lizzo Meets Sasha B. Flute." She spoke with Gayle King about her inspiration for the book and message for young readers.
Closing arguments are expected to begin on Monday in Kouri Richins' murder trial. She's accused of giving her husband a deadly dose of fentanyl four years ago before she later published a children's book about grief. The case included 13 days of testimony, but the defense did not call any witnesses. If convicted, Richins could face life in prison.