IEA says Iran war will keep the natural gas market tight for two years
The conflict is expected to crimp global natural gas supplies due to damage to liquefied natural gas facilities in Qatar.
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The conflict is expected to crimp global natural gas supplies due to damage to liquefied natural gas facilities in Qatar.
Hegseth indicated during a Pentagon news conference that the Trump administration is in no hurry to reach a peace deal as the war continues.
Iran's Foreign Minister Abbas Araghchi says he is headed on a trip to Pakistan, Oman and Russia. This comes as Secretary of Defense Pete Hegseth provides an update on U.S. military efforts in the Middle East. CBS News' Charlie D'Agata and Nancy Cordes report.
Iran's Foreign Minister Abbas Araghchi says he is headed to Pakistan as hopes for more peace talks with the U.S. linger. CBS News' Olivia Rinaldi and Ramy Inocencio report.
Food prices have jumped nearly 20% since 2022 and as the Iran war continues, they could rise even more. Kelly O'Grady explains how you can cut costs and stay on budget.
President Trump says he is in no rush to reach a peace deal with Iran as potential talks stall. This comes as Israel and Lebanon extend their ceasefire. CBS News' Olivia Rinaldi and Charlie D'Agata report.
President Trump said he won't be rushed to end the Iran war even as economic pressures mount. Mr. Trump acknowledged the conflict has driven up gas prices and said Americans should anticipate spending more "for a little while." Nancy Cordes reports.
Following a second round of peace talks in Washington, President Trump announced that the Israel-Lebanon ceasefire had been extended by three weeks.
Trump gives shoot and kill order for boats putting mines in Strait of Hormuz; Chevron CEO expects air travel disruptions due to jet fuel shortage.
Since the war with Iran started almost two months ago, the U.S. has seen one of the largest military buildups in years, coupled with major disruptions to the oil market. Ian Bremmer, president and founder of the Eurasia Group, joins "The Daily Report" to discuss how it could benefit China.
President Trump announced progress in the conflict between Israel and Iran's proxies in Lebanon, extending the ceasefire by three weeks. Ed O'Keefe reports on the latest from the war with Iran.
Should the federal government bail out Spirit Airlines? CBS News travel editor Peter Greenberg joins "The Takeout" to take a closer look at the debate and the other possible headaches travelers could face this summer.
President Trump on Thursday announced that Israel and Lebanon would extend their ceasefire by three weeks. He also spoke about the state of potential peace talks with Iran. CBS News political reporter Zak Hudak has more.
Sources tell CBS News the Trump administration is discussing a bailout for Spirit Airlines that could include a loan of up to $500 million. Former Trump economic adviser Stephen Moore joins "The Takeout" with his perspective.
The war with Iran is disrupting global oil and gas supplies, sending prices skyrocketing. CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan spoke with Chevron CEO Mike Wirth about the economic impact.
President Trump said on social media Thursday he had ordered the Navy to "shoot and kill any boat" putting mines in the Strait of Hormuz. President Trump also said Thursday that "the clock is ticking" for Iran. CBS News political reporter Zak Hudak has more.
Travelers could see airline fares rise and fewer flights available in the coming weeks, Chevron CEO Mike Wirth said in an interview with "Face the Nation with Margaret Brennan."
Speaking to reporters at the Oval Office on Thursday, President Trump denied that he's under pressure to end the war with Iran, and said it is instead Tehran that is facing a time crunch to stop the conflict.
John Phelan is out as Navy secretary, the Pentagon announced Wednesday night. CBS News senior White House and Political correspondent Ed O'Keefe has the latest.
The U.S. announced the seizure of an oil tanker in the Indian Ocean linked to Iran. This comes as Tehran boasts about apparent vessel seizures in the Strait of Hormuz. CBS News' Charlie D'Agata reports.
The Trump administration insists the U.S. is still in talks with Iran to reach a peace deal. CBS News' Courtney Kealy has more on Iran's representatives, and presidential historian Alexis Coe joins with more insight.
Iran released video that appears to show ship seizures in the Strait of Hormuz. This comes as a top Pentagon official suddenly steps down from his post. CBS News' Aaron Navarro and Aaron MacLean have more.
U.S. forces have intercepted and boarded another "stateless" vessel linked to Iran, the U.S. military says.
Iran has released video of its forces seizing two container ships in the Strait of Hormuz. Iran claims it's retaliation for the U.S. capture of two vessels this week. Charlie D'Agata reports.
Video emerged of Iran's apparent operations targeting vessels in the Strait of Hormuz as the White House insists a ceasefire is still in place. This comes as the Pentagon announces the departure of Navy Secretary John Phelan. CBS News' Ramy Inocencio and Aaron Navarro report.