Venezuelan oil is coming to the U.S. What will it mean for gas prices?
The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the pump?
Gas Prices
Could Venezuela situation affect gas costs?
A new analysis finds that the average price of gas in the U.S. is expected to fall to its lowest level since 2020 this year. While the yearly average will fall under $3, GasBuddy notes that there is some expected fluctuation throughout the year due to seasonal demand, weather and geopolitics. Patrick De Haan, head of petroleum analysis at GasBuddy, joins "The Daily Report" to break down the report and discuss what the military raid in Venezuela may mean for gas prices.
Gas prices this year could be the lowest since 2020
U.S. drivers are likely to see lower prices at the pump this year amid lower global oil prices and strong crude production.
How Venezuela turmoil could affect U.S. gas prices
The arrest of Nicolás Maduro sent oil stocks higher. With Chevron leading the way, the Dow hit a record-high of nearly 49,000. Oil prices are also up. Jill Schlesinger explains what it means.
Markets react to Maduro's capture
Questions are emerging about how American oil companies will benefit from the changes in Venezuela following Nicolás Maduro's capture. Financial journalist Erin Delmore joins CBS News with more.
Gas prices impact after Venezuela strikes
President Trump claims Venezuela's oil industry will make more money with the U.S. behind it. Venezuela is estimated to have 303 billion barrels of crude oil still in the ground, which is about 20% of the world's reserves. CBS News business analyst Jill Schlesinger explains how it could impact U.S. prices.
Fact-checking Trump's claims about gas prices
President Trump addressed the nation on Wednesday and focused on the state of the economy after almost a year in office for a second term. CBS News' Willie James Inman reports.
Trump announcing federal fuel standard changes
President Trump is announcing changes to federal fuel standards on Wednesday. CBS News' Ed O'Keefe has the latest on that and other big news coming out of the White House.
Gas prices are dropping
New data shows gas prices have dropped to the lowest level since 2021. CBS MoneyWatch correspondent Kelly O'Grady reports.
Gas prices drops below $3 nationwide, new data shows
New data from GasBuddy shows gas prices dropped below $3 per gallon. Bankrate's Mark Hamrick joins "CBS News Mornings" with more.
Gas prices dip below $3 per gallon, the lowest since 2021
The average price across the U.S. now stands at $2.95 per gallon, down 8.5 cents from a week ago, according to GasBuddy.
Oregon declares emergency after pipeline leak
Oregon Gov. Tina Kotek declared an emergency after a leak on the Olympic Pipeline shut down 90% of the state's oil supply. CBS News' Shanelle Kaul has more details.
Are Americans buying affordability claims?
President Trump's claims about his work to make things more affordable may be clashing with prices currently rising in different sectors. CBS News' Fin Gómez reports.
Crews put out fire at Chevron refinery
Emergency services say crews have extinguished a fire at a Chevron refinery in El Segundo, California. CBS News national correspondent Carter Evans has the details.
Active oil, gas rigs down in 2nd Trump term
President Trump's pledge to "drill baby drill" during his second term is not playing out in the oil patch or fracking zones, with rig counts down since Inauguration Day, according to energy technology company Baker Hughes. Robert Rapier, editor-in-chief of Shale Magazine, joins "The Takeout" to explain why.
Gas prices could increase
The Environmental Protection Agency's rollback of regulations curbing greenhouse gas emissions could lead to higher gas prices, a CBS News review of the agency's data suggests. Tracy Wholf, CBS News senior coordinating producer of climate and environmental coverage, has more.
EPA plan to repeal emissions rules would raise gas prices, gov't analysis finds
EPA Administrator Lee Zeldin told CBS News' "The Takeout" that environmental policy can't "strangulate out of existence" energy policy.
Fact-checking Trump and Newsom's claims about California gas prices
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
Stocks rally in wake of Israel-Iran ceasefire
The stock market rallied for a second day on Tuesday as tensions with Iran sent oil prices plummeting. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Here's what the military conflict in Iran could mean for oil and gas prices
Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
The global role of the Strait of Hormuz
The intensifying conflict in the Middle East is raising new concerns about its potential impact on the oil and gas industry. Much of the focus is on whether Iran will close the Strait of Hormuz, a critical waterway for global crude oil supply. CBS News' Meg Oliver explains how the Strait functions and what a potential closure could mean on a worldwide scale.
Stocks rise after Iran's attack on U.S. base
Investors experienced some whiplash on Monday as stocks shot up following Iran's retaliatory attack on a U.S. base in Qatar. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Oil prices drop after Iran attacks U.S. base
Oil investors backed off Monday after seeing Iran's retaliatory response to U.S. strikes on some of its nuclear facilities, with oil prices dropping 9% since Sunday. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Oil prices soar amid Israel-Iran conflict
Oil costs soared Tuesday as the conflict between Israel and Iran intensified, with crude prices up more than four percentage points. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Israel-Iran conflict causes oil prices to soar
The latest conflict in the Middle East is rattling financial markets all over the world. Stock prices fell as oil prices soared. Kelly O'Grady has more.
Live
Iran strikes U.S. jets after Trump promises war to end after midterms
Sources tell CBS News U.S. jets on a base in Jordan were hit by Iranian missiles after President Trump said the war will end "immediately" after midterms.
Trump pitches $5,000 checks, but only if GOP wins House and Senate
President Trump vowed Wednesday to send a $5,000 "dividend" to every American citizen after the midterms, but only if Republicans hold onto control of Congress. He didn't offer details on how the payments would work.
Afghan girls who study in secret want you to read their "letters to the world"
21 Afghan girls, bravely defying the Taliban by continuing to study, handed CBS News letters containing their stifled, often humble dreams "for an ordinary life."
Anthropic researcher says more than 10% chance AI "could kill all humans"
A top Anthropic researcher says there's more than a 10% chance AI "could kill all humans," after a colleague resigned over similar concerns.
Fetterman appears at RNC midterm convention in surprise video
Democratic Sen. John Fetterman appeared in a surprise video at the Republican Party's midterm convention on Wednesday, as he becomes increasingly isolated from his own party.
Exclusive
Dolly Parton's sister shares why country music star kept her cancer battle private
Dolly Parton died in Nashville on Aug. 25 at the age of 80 — a shock to fans around the world who weren't aware of her illness.
NYC after 9/11: 25 years of remembering and rebuilding
A look back at how 9/11 has changed Lower Manhattan and beyond, 25 years after the World Trade Center attacks.
Coroner releases details on 2 infant deaths in Pennsylvania measles outbreak
Neither infant was old enough to be vaccinated. The first dose of the measles vaccine is typically given at around 1 year of age.
Fire on ferry off Philippines leaves dozens missing, kills several
A fire on a passenger ferry off the western Philippines left dozens of people missing and killed at least five. An intense and widespread search was on for the unaccounted for.
U.S.
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Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Trump pitches $5,000 checks, but only if GOP wins House and Senate
President Trump vowed Wednesday to send a $5,000 "dividend" to every American citizen after the midterms, but only if Republicans hold onto control of Congress. He didn't offer details on how the payments would work.
Barry Melrose, prominent NHL player, coach and broadcaster, dies at 70
Barry Melrose, a hockey player-turned-coach who led the Los Angeles Kings to the 1993 Stanley Cup Final before going on to a long career in broadcasting the sport, has died at 70.
Coroner releases details on 2 infant deaths in Pennsylvania measles outbreak
Neither infant was old enough to be vaccinated. The first dose of the measles vaccine is typically given at around 1 year of age.
Rhode Island governor projected to lose Democratic primary to former CVS executive
Rhode Island Gov. Dan McKee is the first sitting governor nationwide to lose a primary in eight years.
MoneyWatch
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Humans "close to being outsmarted" by superintelligence, AI expert says
Rapid developments in AI are prompting concerns about "superintelligence." Here's why some experts are worried.
Feds to buy up to $6 billion in Treasury bonds. Here's why.
Wall Street analysts are skeptical that the Treasury Department's bond purchases can curb yields and lower U.S. borrowing costs.
Apple unveils new foldable iPhone and more new devices
Apple introduced the iPhone 18 at its annual tech showcase and unveiled its first foldable phone.
Anthropic researcher says more than 10% chance AI "could kill all humans"
A top Anthropic researcher says there's more than a 10% chance AI "could kill all humans," after a colleague resigned over similar concerns.
Trump administration to ban some Canadian motorcycles, dairy, alcohol
The Trump administration moved Tuesday to ban imports of Canadian motorcycles, some dairy products and most types of alcohol starting later this month, intensifying the trade war between the two countries.
Politics
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Trump jokes about trying to "redo" huge Luka Dončić trade in Dallas speech
President Trump's speech at the Republican National Committee convention touched on the polarizing NBA trade that sent superstar guard Luka Dončić from the Mavericks to the Lakers.
Trump pitches $5,000 checks, but only if GOP wins House and Senate
President Trump vowed Wednesday to send a $5,000 "dividend" to every American citizen after the midterms, but only if Republicans hold onto control of Congress. He didn't offer details on how the payments would work.
Rhode Island governor projected to lose Democratic primary to former CVS executive
Rhode Island Gov. Dan McKee is the first sitting governor nationwide to lose a primary in eight years.
Fetterman appears at RNC midterm convention in surprise video
Democratic Sen. John Fetterman appeared in a surprise video at the Republican Party's midterm convention on Wednesday, as he becomes increasingly isolated from his own party.
CBS News poll finds that 25 years after 9/11 most see changed country
A big majority say it's very important that Americans remember the 9/11 attacks.
HealthWatch
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Coroner releases details on 2 infant deaths in Pennsylvania measles outbreak
Neither infant was old enough to be vaccinated. The first dose of the measles vaccine is typically given at around 1 year of age.
How donating blood could reveal clues about your own health
Amid a national blood supply crisis, Dr. Courtney Lawrence sat down with Norah O'Donnell to talk about donating blood, health myths and more.
A generation of kids suffers as Trump destabilizes immigrant families
Children in immigrant families are facing multiple health threats from President Trump's policies.
NYC officials release unseen post-9/11 air quality documents
New York City officials released thousands of previously unseen documents questioning the air quality at Ground Zero following the 9/11 attacks.
What is postpartum psychosis?
Experts discuss the symptoms, diagnosis and stigma surrounding postpartum psychosis (not to be confused with postpartum depression), a psychiatric emergency with symptoms that can be extreme and dangerous, as testified in the trial of Lindsay Clancy.
World
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Fire on ferry off Philippines leaves dozens missing, kills several
A fire on a passenger ferry off the western Philippines left dozens of people missing and killed at least five. An intense and widespread search was on for the unaccounted for.
Barry Melrose, prominent NHL player, coach and broadcaster, dies at 70
Barry Melrose, a hockey player-turned-coach who led the Los Angeles Kings to the 1993 Stanley Cup Final before going on to a long career in broadcasting the sport, has died at 70.
Afghan girls who study in secret want you to read their "letters to the world"
21 Afghan girls, bravely defying the Taliban by continuing to study, handed CBS News letters containing their stifled, often humble dreams "for an ordinary life."
Trump says he had "great conversation" with Putin amid renewed peace push
"He is wanting to make a deal. And if Zelenskyy is wanting to make a deal, that would be very nice," President Trump said.
Zelenskyy's plane almost hit by drone, Norway's prime minister says
Ukraine's President Volodymyr Zelenskyy joined a host of other foreign dignitaries in Oslo for the funeral of Norway's King Harald V.
Entertainment
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Entertainment
Fashion designer Romeo Hunte shares new pieces
Fashion designer Romeo Hunte joins "The Daily Report" to discuss pieces in his new collection as New York Fashion Week kicks off.
Dolly Parton's sister on the private funeral
Two weeks after her death at 80, a new song from Dolly Parton was released called "Bound to Ride," as part of an upcoming tribute album to the Stanley Brothers. Gayle King spoke exclusively with Dolly Parton's younger sister in an interview that will air on "CBS Mornings" on Thursday.
New documentary profiles 9/11 generation
A new Netflix documentary is out about those who were children in the wake of the 9/11 attacks. "Turning Point: Generation 9/11" profiles people whose parents died on that day, as well as soldiers who joined the military because of 9/11. Director Brian Knappenberger joins "The Takeout" to discuss the making of the film.
Alice Cooper, Joe Perry on Hollywood Vampires
Rock stars Alice Cooper and Joe Perry of Aerosmith formed the supergroup Hollywood Vampires. They join "CBS News 24/7 Mornings" to discuss how the band came together.
Insider details on New York Fasion Week
New York Fashion Week kicks off this week showing the Spring collections. Lauren Sherman has more on what to expect.
Technology
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Another Anthropic model gained access to open internet during testing
Anthropic announced a fourth cybersecurity incident in which Claude gained access to the open internet during testing.
Apple announces iPhone 18 Pro, iPhone Duo
Apple's new CEO, John Ternus, led a special event on Wednesday announcing the release of new products, including the first foldable iPhone. CBS News contributor Patrick McGee breaks it down.
How AI powered robots are helping small farms
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.
Anthropic researcher comments fuel AI fears
A lead researcher at Anthropic said "AI could kill all humans" on Tuesday, giving it a more than 10% chance within the next decade. The call now is for a global conversation about risk and safety. Jo Ling Kent has more from Silicon Valley, and Tristan Harris, co-founder of the Center for Humane Technology, goes deeper.
AI researchers warn of human extinction threat
Connor Leahy, U.S. executive director of ControlAI, joins "The Daily Report" to share his perspective on concerns that AI superintelligence poses a threat to humans.
Science
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Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Vote on the fattest marmot now
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA plans to launch new space telescope
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Crime
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Crime
Video shows attempted murder in Ohio
A potential killing was caught on camera in Ohio and was revealed at the trial of a man found guilty of attempting to shoot his wife in a crowded restaurant. Mark Strassmann reports.
Lindsay Clancy Mistrial: Reddington Weighs In
In the wake of the mistrial in the Lindsay Clancy murder case, CBS News correspondent Shanelle Kaul and WBZ-TV reporter and anchor Kristina Rex share new reporting from inside the courtroom, exclusive juror insights, and behind-the-scenes details of the dramatic final courtroom moments. Plus, we learn what's next as the Plymouth County District Attorney's Office weighs its options.
Breaking down Lindsay Clancy attorney's plans
Kevin Reddington, Lindsay Clancy's defense attorney, sat down with "CBS Mornings" on Wednesday, where he said he plans to ask for the case to be thrown out. Caroline Polisi breaks down his statements.
Lindsay Clancy's lawyer on her future
Lindsay Clancy's lawyer Kevin Reddington told "CBS Mornings" that he plans to file a motion for her case to be thrown out after her murder trial ended in a mistrial. CBS News' Shanelle Kaul reports.
Lindsay Clancy's attorney says he will ask for case to be thrown out
Kevin Reddington, the lawyer for Lindsay Clancy, said he will present a motion to dismiss on Sept. 29 at a previously scheduled status hearing.
Space
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NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Latest CBS News Videos
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Latest CBS News Videos
The 29 minutes that captured 9/11
CBS News cameraman Mark LaGanga captured the 29 minutes in between the towers falling on 9/11, even filming as the North Tower collapsed around him. Twenty-five years later, he reflects on his experience in an interview with 60 Minutes digital.
Fetterman addresses GOP midterm convention
Democratic Sen. John Fetterman of Pennsylvania made a surprise appearance via video message at Republicans' midterm convention on Wednesday. See the moment.
Airport restrictions to be lifted for some
What people are allowed to bring on an airplane is one of the many things that have changed since the Sept. 11, 2001, terror attacks. But TSA has now unveiled a new program allowing some non-flyers to get through security without a ticket. Jonathan Vigliotti has more details.
New NFL season kicks off
The 2026 NFL regular season officially kicks off on Wednesday. Chris Bumbaca, staff writer at The Athletic, joins "The Daily Report" to share what we can expect.
Fashion designer Romeo Hunte shares new pieces
Fashion designer Romeo Hunte joins "The Daily Report" to discuss pieces in his new collection as New York Fashion Week kicks off.