Trump defends Russia diesel deal as prices rise
President Trump on Monday defended his deal with Russia to lift sanctions on its diesel fuel in the hopes of driving prices down. FINTECH TV anchor Kristin Myers joins with analysis.
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President Trump on Monday defended his deal with Russia to lift sanctions on its diesel fuel in the hopes of driving prices down. FINTECH TV anchor Kristin Myers joins with analysis.
Over the weekend, President Trump said Ukraine needs a new president. CBS News has also confirmed Mr. Trump is threatening to withhold from Ukraine intelligence on Russian ballistic missile attacks. He's also threatening to suspend European purchases of U.S.-made weapons the Europeans provide to Ukraine. CBS News' Major Garrett and Nikole Killion have more.
Energy ceasefire between Russia and Ukraine collapses; federal immigration agents search Rep. Ilhan Omar's home.
Average U.S. diesel prices remain stuck above $6 a gallon, raising fuel costs in trucking, agriculture and construction.
President Trump is headed to Ohio to rally Republicans ahead of the midterms. This comes as inflation remains high and as the war in Iran continues to affect gas prices. CBS News' Aaron Navarro reports.
President Trump is claiming that Russia and Ukraine have entered an "energy ceasefire," which he has announced in the past. Ukrainian President Volodymyr Zelenskyy told Axios the announcement "was news to me." CBS News' Aidan Stretch and Ramy Inocencio have more.
President Trump says Russia has agreed to release millions of tons of diesel fuel over the next several months in an attempt to combat high prices amid the Iran war. The move comes weeks ahead of the U.S. midterm elections.
Delta Air Lines' stock stayed flat on Friday despite news that it will slash its 2026 profit outlook. CBS News business contributor Javier David joins with analysis.
Major oil producers like Chevron and Shell are shutting down production in the Gulf Coast and evacuating offshore facilities as Hurricane Isaias barrels toward the region. Forward Energy founder and principal Joe Brettell joins "The Takeout" to discuss how the storm could impact energy markets.
New York City officials condemn ICE after agent shoots man; candidates clash during Senate debates in Georgia and Michigan.
President Trump has established a committee to investigate allegations that Lisa Cook, a member of the Federal Reserve's Board of Governors, made false statements in mortgage documents. The move comes after the Supreme Court's June decision rejecting the president's attempt to fire Cook. CBS News homeland security correspondent Nicole Sganga reports.
The midterms are heating up, with President Trump in Texas for the third time in less than a month to campaign for Republican Senate candidate Ken Paxton. CBS News congressional correspondent Caitlin Huey-Burns reports.
Energy Secretary Chris Wright told "Face the Nation with Margaret Brennan" that President Trump was "well aware of the risks to energy flows" before launching the Iran war, but he said the president said "I simply cannot. The world cannot sustain a nuclear-armed Iran, and I'm not going to do it."
President Trump is campaigning in typically red states ahead of Election Day. He says some European leaders have agreed to release part of their fuel reserves to alleviate high prices. CBS News' Natalie Brand reports.
Mounting food costs are stressing Americans out more than any other financial pressure, a new survey from the Kitchen Table Project finds. Former Federal Reserve vice chair and Kitchen Table Project chair Lael Brainard shares her thoughts.
Flight costs have skyrocketed as President Trump's war in Iran causes oil prices to soar. Former New Hampshire Gov. Chris Sununu is the President and CEO of airline lobbying group Airlines for America. Sununu shares his thoughts on high prices and the state of the airline industry.
With fall and winter holidays just around the corner, many Americans are looking at rising flight prices with hesitation. Kris Van Cleave has more.
President Trump said he is "very seriously" considering a ban on diesel exports. But such a move could drive U.S. gas prices sharply higher, analysts said.
Regulators estimate the new rule will result in an average of 34.9 miles per gallon by model year 2031, down from an earlier projection of 50.4 mpg.
The surge in diesel prices this year is putting a financial squeeze on schools, farms and small businesses around the U.S.
A new Marist poll shows Texas Republican Attorney General Ken Paxton running six points behind James Talarico, his Democratic opponent in the state's Senate race. Political strategists Adam Piper and Hannah Muldavin join with analysis.
Some lawmakers want to halt U.S. diesel exports as prices top $6.50 a gallon. But such a ban could have unintended consequences, experts say.
Former Vice President Kamala Harris campaigned with Michigan Senate nominee Dr. Abdul El-Sayed. Meanwhile, some Republicans are breaking with President Trump over soaring gas prices. CBS News' Fin Gómez reports.
Diesel prices hit an all-time high Tuesday of $6.52 per gallon on average. Kris Van Cleave has more.
President Trump spoke on the U.S. war with Iran during his address at the United Nations General Assembly.