Oil prices rise as Iran war questions linger
Oil prices are rising again after a brief drop following news of a U.S.-Iran ceasefire. CBS News' Jill Schlesinger has some advice for those watching the markets.
Watch CBS News
Oil prices are rising again after a brief drop following news of a U.S.-Iran ceasefire. CBS News' Jill Schlesinger has some advice for those watching the markets.
Despite the ceasefire with Iran, gas prices in the U.S. remain high. The national average is $4.17 per gallon, according to AAA. Kelly O'Grady explains what to expect.
President Trump announced a two-week ceasefire in Iran on Tuesday evening, delaying a large-scale bombing campaign. CBS News' Aaron MacLean, Courtney Kealy, and Dallas Morning News business editor Javier David join with analysis.
A new analysis from JPMorgan says gas prices could hit $5 per gallon as soon as this month if the Strait of Hormuz stays closed. Former Trump economic adviser Stephen Moore joins "The Takeout" to discuss.
Voters in Georgia's 14th Congressional District are deciding Tuesday who will replace former Rep. Marjorie Taylor Greene, Republican Clay Fuller or Democrat Shawn Harris. CBS News national correspondent Skyler Henry reports.
Gas prices in the U.S. could near a record high later this month if the Strait of Hormuz remains sealed, energy industry experts warn.
Shipping companies would take at least two months to resume operations in the Persian Gulf following a ceasefire in the region, according to the Eurasia Group.
California gas prices are the nation's highest. The candidates in the 2026 governor's race weighed in on the role of state policy, global supply risks, refinery closures, and how each would address rising gas prices.
The new vehicles on display at this year's New York International Auto Show have arrived just as gas prices are accelerating to new highs. Bradley Blackburn talked to carmakers at the convention about how those high fuel costs could change what people buy.
Maryland Gov. Wes Moore criticized President Trump's handling of the Iran war on "Face the Nation." He told CBS News' Ed O'Keefe he's looking for "some clarity" about the war's goals, and warned it has driven up prices.
The labor market rebounded in March as U.S. employers added 178,000 jobs. Lori Bettinger, president of BancAlliance, joins CBS News to weigh in on the jobs report.
President Trump warned the U.S. "hasn't even started destroying what's left in Iran," and previewed that strikes on bridges and power plants could be next.
U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.
President Trump indicated the Iran war may wrap up "very soon" and he could abandon efforts to force Iran to reopen the Strait of Hormuz, as the war pushed U.S. gas prices over the $4 mark.
The average price of gas across the U.S. last reached $4 after Russia's invasion of Ukraine sent crude oil prices surging.
Drivers in at least 13 states across the country are paying an average price of $4 a gallon or more for gas. Jason Allen spoke to a man who's feeling the strain with his second job as a DoorDash driver.
President Trump told CBS News on Tuesday that he's not ready "quite yet" to abandon his bid to force Iran to reopen the Strait of Hormuz. CBS News senior White House correspondent Weijia Jiang has the details.
AAA announced Tuesday that the average U.S. gas price has topped $4 a gallon. CBS News correspondent Lana Zak reports on how the costs are impacting businesses. Then, Justin Wolfers, professor of public policy and economics at the University of Michigan, joins with analysis.
The average U.S. gas price has topped $4 a gallon for the first time since August 2022, AAA announced on Tuesday. Diesel fuel prices have also jumped significantly since the start of the war in Iran. CBS News' Lana Zak and Kelly O'Grady have the latest.
Gas prices in the U.S. on Tuesday topped $4 a gallon on average for the first time in more than three years, the latest sign of how the Iran war is driving up fuel costs for U.S. motorists. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The Endangered Species Committee voted Tuesday to exempt oil and gas activity in the Gulf of Mexico from the Endangered Species Act protections. CBS News' Shanelle Kaul has more.
Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
Scott Marlow, an agriculture policy expert, told CBS News' Lana Zak that rising fuel costs from the war with Iran have impacted U.S. farmers at "every step" of the process.
For the first time since August 2022, the average price of gas in the U.S. has hit $4 per gallon as the Iran war grinds on. CBS News business analyst Jill Schlesinger breaks down how consumers are feeling the economic pinch with the war now in its fifth week.
Higher oil prices are hitting consumers at the gas pump hard. Meanwhile, economists warn they could lead to inflation as financial markets struggle to recover from five weeks of losses. Jason Allen has more.
Iran has shrugged off President Trump's threat to hit the Islamic Republic with an "economic D-Day" as a "doubling down on failed policies."
The decision to phase out the Army drone battalion comes amid tension between senior officers who envisioned the unit and the acting chief of staff of the Army.
The latest court filings in cases involving the Kennedy Center and the White House ballroom project detail the work being done at the two institutions.
Four patients at Ascension Saint Thomas Midtown received incorrect medications last week, CBS affiliate WTVF reported.
FBI agents executed search warrants targeting former Democratic Rep. Eric Swalwell and seized his electronic devices, two sources told CBS News.
The U.S. on Thursday imposed fresh sanctions on 15 individuals and entities based in Ecuador for their roles in an alleged maritime cocaine trafficking operation.
In a new video shared first with CBS News, Tulsi Gabbard said doctors discovered the cancer, a sacral chordoma, a rare tumor, after her husband, Abraham Williams, experienced back pain.
Think that back-to-school photo is safe to post online? Bad actors could use AI "nudify" apps to make it X-rated.
The couple said in January 2020 that they would be stepping away from "senior" royal roles and were working to become financially independent from the royal family.
Brian Armstrong made the case for the cryptocurrency legislation, which is scheduled for a Senate vote in September.
The latest court filings in cases involving the Kennedy Center and the White House ballroom project detail the work being done at the two institutions.
Four patients at Ascension Saint Thomas Midtown received incorrect medications last week, CBS affiliate WTVF reported.
A New York woman is accused of plotting "a major attack" on the state capitol building in Albany, authorities said Thursday.
The decision to phase out the Army drone battalion comes amid tension between senior officers who envisioned the unit and the acting chief of staff of the Army.
Brian Armstrong made the case for the cryptocurrency legislation, which is scheduled for a Senate vote in September.
The recall affects 15mL bottles of Clear Eyes' Maximum Itchy Eye Relief.
The FTC warned businesses against changing prices based on their analysis of a customer's personal data, which could violate consumer law.
The company told CBS News it will direct the refunds toward groceries and general merchandise.
Think that back-to-school photo is safe to post online? Bad actors could use AI "nudify" apps to make it X-rated.
Green will face Democratic Rep. Darren Soto after gerrymandering reshaped the district to heavily favor Republicans.
The latest court filings in cases involving the Kennedy Center and the White House ballroom project detail the work being done at the two institutions.
A New York woman is accused of plotting "a major attack" on the state capitol building in Albany, authorities said Thursday.
The decision to phase out the Army drone battalion comes amid tension between senior officers who envisioned the unit and the acting chief of staff of the Army.
The U.S. on Thursday imposed fresh sanctions on 15 individuals and entities based in Ecuador for their roles in an alleged maritime cocaine trafficking operation.
Four patients at Ascension Saint Thomas Midtown received incorrect medications last week, CBS affiliate WTVF reported.
CBS News medical correspondent Dr. Céline Gounder, who has had melanoma herself, said Moderna's experimental trial is "a big win for mRNA vaccines against cancer."
An experimental melanoma vaccine could reduce the risk of the cancer returning or spreading for some high-risk patients. It's personalized for each patient and optimized using artificial intelligence. Dr. Jon LaPook has more details.
Recalled frozen blueberries and mixed berries that could be contaminated with E. coli pose the most severe category of health risk, according to the FDA.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
The decision to phase out the Army drone battalion comes amid tension between senior officers who envisioned the unit and the acting chief of staff of the Army.
A video shared by Mexican officials shows the fishermen inside a blue cooler as the container bobs on ocean waves.
An American student says she was raped during a group holiday in Vietnam, then pressured to drop the case against a wealthy suspect.
The boat was carrying wounded fighters when it hit a German mine in late April 1945, experts say.
Iran has shrugged off President Trump's threat to hit the Islamic Republic with an "economic D-Day" as a "doubling down on failed policies."
Julian Shapiro-Barnum is known for his conversations with kids on his series "Recess Therapy." He tells "CBS Mornings" why he thinks adults need to act more childish and embrace some behaviors of children.
Isla Fisher gives an inside look at the new film, "Spa Weekend," how it highlights the importance of female friendships and how the star-studded cast connected.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
Brian Armstrong made the case for the cryptocurrency legislation, which is scheduled for a Senate vote in September.
Book publishers are grappling with the rise of artificial intelligence and its impact on the publishing industry. Tisha Morris, an entertainment attorney and author, joins CBS News with more insight.
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.
Recent data from the AI Observatory shows more people are using artificial intelligence chatbots for more intimate issues. Shayne Longpre joins with more on the recent study.
Students nationwide are grappling with a new reality -- AI-generated pornography, sometimes featuring themselves or someone they know. CBS News found more than a dozen AI "nudify" apps easily accessible in app stores, some without age restrictions. Jo Ling Kent has more.
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.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
A 35-year-old woman has been arrested for plotting a "major attack" on New York's state capitol building in Albany. CBS News' Jake Rosen has more.
Sheila Cavanaugh, a chaplain at Brigham and Women's Hospital in Boston, testified on Day 17 of Lindsay Clancy's murder trial. CBS News' Meg Oliver has more details.
A New York woman is accused of plotting "a major attack" on the state capitol building in Albany, authorities said Thursday.
A manhunt is underway in Massachusetts as law enforcement teams search for a woman suspected of killing her husband, who worked as a police officer. CBS News' Lilia Luciano has more on this story.
Students nationwide are grappling with a new reality -- AI-generated pornography, sometimes featuring themselves or someone they know. CBS News found more than a dozen AI "nudify" apps easily accessible in app stores, some without age restrictions. Jo Ling Kent has more.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
The Perseid meteor shower is the best viewing all year, according to NASA.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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 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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
The Trump administration is trying to deport a self-described CIA spy who infiltrated al Qaeda after 9/11 and won his permission to live in the U.S. by helping convict terrorists.
A 35-year-old woman has been arrested for plotting a "major attack" on New York's state capitol building in Albany. CBS News' Jake Rosen has more.
U.S. immigration officials and Iran quietly worked together to deport Iranians to Iran in late 2025 and early 2026, newly released emails show. CBS News' Camilo Montoya-Galvez has more.
Former Democratic Rep. Eric Swalwell had his electronic devices seized by the FBI over the weekend as part of a criminal probe into sexual misconduct allegations, two sources familiar with the matter told CBS News. CBS News justice reporter Jake Rosen has more.
Sheila Cavanaugh, a chaplain at Brigham and Women's Hospital in Boston, testified on Day 17 of Lindsay Clancy's murder trial. CBS News' Meg Oliver has more details.