Trump's Iran war fuels diesel concerns
Small businesses are grappling with the rising costs of diesel fuel as the war in Iran continues. Joshua Harris, the manager at Mayport C&C Fisheries, joins CBS News with more on the impact.
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Small businesses are grappling with the rising costs of diesel fuel as the war in Iran continues. Joshua Harris, the manager at Mayport C&C Fisheries, joins CBS News with more on the impact.
Trump said Iran gave him the "present" of letting eight oil tankers through the Strait of Hormuz, but the majority of ships making the passage are Iranian, including
JPMorgan Chase CEO Jamie Dimon sat down with CBS News' Tony Dokoupil to weigh in on the economic impacts of the Iran war, the state of the global economy and the future of AI.
President Trump has announced a prime-time address set for Wednesday evening on the Iran war. The ongoing conflict is now in its fifth week and Mr. Trump says the U.S. continues to negotiate with Iran, but will be done with the war "very soon." Weijia Jiang reports.
President Trump is expected to address the nation on Wednesday as he signals a potential end to the Iran war. CBS News' Olivia Rinaldi and Holly Williams report.
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.
President Trump is planning to deliver a prime-time address Wednesday night to "provide an important update on Iran," the White House said, as the president faces critical decisions in the monthlong war.
The latest details on Day 3 of war with Iran; video released of the Clintons' depositions on Jeffrey Epstein.
JPMorgan Chase CEO Jamie Dimon speaks with "CBS Evening News" anchor Tony Dokoupil about the advancement of artificial intelligence, the war in Iran's effect on the U.S. economy, prediction markets and more.
President Trump told CBS News that he is not ready "quite yet" to abandon efforts to force Iran to reopen the Strait of Hormuz amid the Iran war, despite a Truth Social post suggesting allies need to do it themselves.
Shortages of helium, a byproduct of natural gas processing, could create problems for semiconductor and medical equipment manufacturers.
President Trump lashed out at European allies who he said haven't done enough to help reopen the Strait of Hormuz to oil tanker traffic. Weijia Jiang has details.
President Trump and Defense Secretary Pete Hegseth have not ruled out a potential ground operation in the ongoing war with Iran. Military experts told CBS News that one of the places troops could be sent is Kharg Island, about 15 miles off the Iranian coast. CBS News national security analyst Aaron MacLean breaks it down.
The average cost of a gallon of regular gas is now over $4 for the first time since 2022, when Russia invaded Ukraine. Diesel prices also rose on Tuesday, reaching $5.45 a gallon. When energy prices rise, the prices of most other goods rise as well. CBS News correspondent Lana Zak reports from Iowa.
Mark Sanford, the former South Carolina Republican congressman and governor who resigned after a high-profile affair, is running for his old congressional seat. Political strategists Tiffany Smiley and Richard Goodstein join "The Takeout" to discuss.
The U.S. is pressing forward with its strikes against Iran as the White House pushes for Tehran to make a deal to reopen the Strait of Hormuz. CBS News' Kelly O'Grady, Eleanor Watson and Nancy Cordes report.
The Wall Street Journal reports President Trump has considered ending the war in Iran without reopening the Strait of Hormuz. On Tuesday, he told the New York Post it would reopen automatically. CBS News national security analyst Aaron MacLean joins "The Takeout" to examine the situation.
President Trump told CBS News on Tuesday that "we've had total regime change" in Iran. Former Trump national security adviser John Bolton joins "The Takeout" with his reaction.
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.
A Kuwait oil tanker was Iran's latest target in the fight over the Strait of Hormuz, state media reported Tuesday. President Trump has threatened to strike Iran's energy plants if the strait is not reopened. CBS News White House reporter Aaron Navarro has more.
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.
Jamie Dimon told "CBS Evening News" anchor Tony Dokoupil that "what's more important for the future of the world is that this war successfully conclude."
JPMorgan Chase CEO Jamie Dimon tells "CBS Evening News" anchor Tony Dokoupil he doesn't know if the war in Iran will push the economy into a recession, but, "I think what's more important for the future of the world is that this war successfully conclude."