Tankers and Tycoons | 60 Minutes Archive
In 1971, Mike Wallace reported on the Middle East oil tanker business, noting that "the oil tanker may just be the single most remarkable money-making instrument in the world today."
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In 1971, Mike Wallace reported on the Middle East oil tanker business, noting that "the oil tanker may just be the single most remarkable money-making instrument in the world today."
The U.S.-Israeli war with Iran is quickly approaching the two-week mark. Defense Secretary Pete Hegseth said Iran's missile and drone capabilities have been severely diminished. He also said the new Supreme Leader is wounded and likely disfigured. CBS News' Eleanor Watson and Nancy Cordes report.
Iran continues to harass vessels in the Strait of Hormuz, and the prospect of U.S. naval escorts appears more likely. But when that would occur remains a mystery. CBS News' Matt Gutman and Aaron MacLean have the latest.
From the partial government shutdown to the war in the Middle East, travel delays and cancellations persist worldwide. CBS News senior travel editor Peter Greenberg joins "The Takeout" to share what travelers should expect.
New reporting from Politico says Vice President JD Vance was hesitant to strike Iran. Political strategists Bryan Lanza and Mo Elleithee join "The Takeout" to discuss what it means for Vance's relationship with President Trump and how it could impact the 2028 race.
A total of 13 U.S. service members have been killed in the joint Israeli war with Iran, including the six who died in a plane crash in Iraq. Meanwhile, pro-government protesters took to the streets in Iran despite waves of airstrikes. CBS News chief correspondent Matt Gutman reports on the war's latest and Sumantra Maitra, founder of CLIO strategic consulting, has more.
CBS News has learned that the man who attacked a Michigan synagogue on Thursday purchased $2,000 worth of fireworks days before the incident. CBS News' Anna Schecter has more.
Six U.S. service members killed in aircraft crash in Iraq; U.S. temporarily lifts sanctions on shipments of Russian oil.
At least six U.S. service members died after an American KC-135 refueling aircraft crashed Thursday in Iraq. CBS News' Eleanor Watson has the latest confirmed information.
Suspected Iranian cyber and drone attacks are already impacting U.S. tech companies, and Iran says a list of American firms are now on its target list.
Secretary of Defense Pete Hegseth bashed the press during a Pentagon briefing on Friday, claiming news headlines are misguiding the public about U.S. operations against Iran. This comes as the deaths of four more service members in the Middle East were announced and as the Pentagon warns of strikes against Tehran escalating.
The U.S. military confirmed the deaths of at least four U.S. service members in Iraq during a refueling effort. CBS News contributor Elliot Ackerman has more.
Secretary of Defense Pete Hegseth and U.S. Joint Chiefs of Staff Gen. Dan Caine said during a Pentagon briefing that on Friday the volume of strikes against Iran would be ramping up. This comes as the military confirms the deaths of four more service members in the Middle East.
The U.S. military confirmed four more service members were killed during an apparent collision involving an American KC-135 refueling aircraft. CBS News' Natalie Brand and Courtney Kealy have more.
Iran's relentless attacks on Gulf states and infrastructure appear to be overshadowing interventions by the U.S. and its allies aimed at easing energy prices.
Ship traffic in the Strait of Hormuz was mostly stopped amid the war in Iran on Thursday, which contributed to rising oil prices. The waterway typically carries around 20% of the world's supply of oil. On Wednesday, President Trump ordered the release of 172 million barrels of oil from emergency reserves. In a statement attributed to Iran's new Supreme Leader, Ayatollah Mojtaba Khamenei, he said Iran should keep putting pressure on the critical chokepoint.
The average cost of gas in the U.S. is up nearly 50 cents in a week as the U.S.-Israeli war with Iran rages on. Here's what some lawmakers are saying about the spike in prices.
Global energy prices remain elevated after Iran's new Supreme Leader vowed to keep the Strait of Hormuz closed in a statement released Thursday. Laura Sanicola, senior writer for Barron's, joins "The Daily Report" to discuss.
The Pentagon has confirmed that a U.S. plane has crashed in western Iraq. U.S. Central Command said a military refueling plane went down in "friendly airspace" during the operation against Iran. CBS News' Charlie D'Agata and Aaron MacLean have more.
The Trump administration is facing bipartisan criticism over how it's communicating its goals in the war with Iran. Former Democratic Rep. Joe Cunningham of South Carolina and Republican strategist Mark Bednar join with analysis.
Iran's new Supreme Leader, Ayatollah Mojtaba Khamenei, issued his first public statement Thursday since taking his new position. A broadcaster read the statement on Iranian state media. CBS News' Eleanor Watson and Willie James Inman have more.
Treasury Secretary Scott Bessent said Thursday that the U.S. will escort ships through the Strait of Hormuz as Iran ramps up attacks on the crucial shipping channel. Republican Rep. Rick Crawford of Arkansas, chair of the House Intelligence Committee, joins "The Takeout" to discuss the state of the war.
Officials in Lebanon say more than 630 people have been killed during the war with Iran, including 91 children. Former Israeli Ambassador to the U.S. Michael Oren joins "The Takeout" to explain the relationship between Lebanon and the Iran war.
The Senate on Thursday overwhelmingly passed a bill aimed at lowering housing costs. Democratic Sen. Elizabeth Warren of Massachusetts joins "The Takeout" to break down the legislation.
CBS News has learned that despite the U.S.-Israeli war, for the first nine days of March, Iran exported about 30% more oil than in the first nine days of February. Matt Gutman has more.
President Trump's deadline for Iran to reach a deal to end the war or face punishing strikes on its bridges and power plants is less than 24 hours away.
The Artemis II crew flew farther from Earth than any humans in history as they passed over the far side of the moon on Monday night.
President Trump and top national security officials shed new light on the daring rescues of two American airmen who were shot down over Iran last week.
President Trump praised the crew of NASA's Artemis II mission in a brief chat late Monday, saying they had "inspired the entire world" after they looped around the moon in a record-breaking voyage.
While Epstein was on work release from a Florida jail nearly 20 years ago, he had sex in a vehicle in the prison parking lot, according to a FBI interview.
U.S. forces mounted an urgent and high-risk rescue effort to find an airman who was forced to eject from a downed F-15E fighter jet over Iran.
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
An American woman disappeared in the Bahamas on Saturday, after her husband said she fell from their dinghy and was swept out to sea.
This is Michigan's second NCAA title in school history, and the win ends a 26-year national championship drought for the Big Ten.
This is Michigan's second NCAA title in school history, and the win ends a 26-year national championship drought for the Big Ten.
President Trump praised the crew of NASA's Artemis II mission in a brief chat late Monday, saying they had "inspired the entire world" after they looped around the moon in a record-breaking voyage.
The Indianapolis Metropolitan Police Department said officers found evidence of gunshots and believe it was "an isolated, targeted incident."
America's middle class is shrinking, but not because people are getting poorer. Instead, more households are climbing the ladder, new research suggests.
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.
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
America's middle class is shrinking, but not because people are getting poorer. Instead, more households are climbing the ladder, new research suggests.
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.
Some major retailers and other stores will close their doors on Easter, so it's best to plan ahead. Here's what to know.
One consumer reported sustaining bruising and burn injuries.
President Trump praised the crew of NASA's Artemis II mission in a brief chat late Monday, saying they had "inspired the entire world" after they looped around the moon in a record-breaking voyage.
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
While Epstein was on work release from a Florida jail nearly 20 years ago, he had sex in a vehicle in the prison parking lot, according to a FBI interview.
President Trump and top national security officials shed new light on the daring rescues of two American airmen who were shot down over Iran last week.
The Supreme Court issued an order that paves the way for Steve Bannon to have his contempt of Congress conviction dismissed.
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
Behind some of the viral physiques lies a troubling trend: the use of a powerful drug never approved for humans.
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
John Cantrell was enjoying his retirement until an unexpected condition forced him to choose between two kinds of heart surgery.
Ex-CIA director David Petraeus says Ukraine has offset its disadvantages against Russia through its innovation in its unmanned systems.
President Trump and top national security officials shed new light on the daring rescues of two American airmen who were shot down over Iran last week.
Roberto Mazzarella, head of the Mazzarella clan of the Camorra, the Naples-based organized crime group, was one of Italy's most dangerous fugitives, authorities said.
An American woman disappeared in the Bahamas on Saturday, after her husband said she fell from their dinghy and was swept out to sea.
Royer Perez Jimenez was a "hard worker" who immigrated at 15 to "triumph and help his family," his uncle said.
Mindy Kaling speaks with Jamie Yuccas about her new venture with Amazon Publishing called Mindy's Book Studio, where she chooses books by female authors to be published and receives first rights on future screenplays.
"Beverly Hills, 90210" actress Tori Spelling was involved in a two-car crash in Temecula on Thursday night, according to her manager and Riverside County Sheriff's Office officials.
Hosted by Jane Pauley. Featured: The Vatican's Mosaic Studio; a fight over history at West Bank archaeological sites; Dan Levy on his new series "Big Mistakes"; the creative talents behind "Hacks"; the latest on the Artemis II lunar mission; the works of Renaissance artist Raphael; and the beauty of moss.
One of the greatest artists of the Italian Renaissance is now the subject of the first comprehensive exhibition of his work ever in the United States, at the Metropolitan Museum of Art in New York City.
In this web exclusive, Jean Smart, the Emmy-winning star of "Hacks," talks with correspondent Tracy Smith about filming the final season of her HBO series.
Trump administration changes to the U.S. H-1B visa program have impacted the global talent coming to the U.S. CBS News' Shanelle Kaul reports from India.
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
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.
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
On Monday, the astronauts aboard the Artemis II spacecraft will loop around the Moon's far side, part of a mission pushing human beings farther from Earth than anyone has ever been. Correspondent Mark Strassmann talked with commander Reid Wiseman, pilot Victor Glover, and mission specialists Christina Koch and Jeremy Hansen as the crew was about 180,000 miles from home, preparing for their historic lunar flyby.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
Former NASA astronaut Clayton Anderson joins CBS News to discuss what the Artemis II astronauts will do as they orbit the Earth after takeoff.
Members of the Artemis II crew will be the first people to sleep inside the Orion spacecraft. CBS News' Kris Van Cleave has more on how they'll do that.
The parents of a toddler are facing child endangerment charges after the 17-month-old stuck his hand into a wolf enclosure and was injured at a zoo in Pennsylvania. CBS News correspondent Tom Hanson reports.
Roberto Mazzarella, head of the Mazzarella clan of the Camorra, the Naples-based organized crime group, was one of Italy's most dangerous fugitives, authorities said.
When Harold Allen died suddenly in his home in Freetown, Indiana, no one suspected anything out of the ordinary. Nine months later, a burglary at his home would lead to a murder investigation and an unusual weapon.
After Dee Warner, a Michigan businesswoman and mother, disappeared from her home, her family believed she has been murdered and suspected her husband Dale Warner. But without physical evidence, they knew it would be hard to prove.
Janice Randle was found dead in her bed in 1992, but police couldn't make an arrest in the case until new information emerged.
The Artemis II crew flew farther from Earth than any humans in history as they passed over the far side of the moon on Monday night.
The NASA astronauts also sent down Easter messages Sunday while gearing up for a historic pass behind the moon Monday.
The crew of NASA's Artemis II mission captured a new image of the far side of the moon, which the agency released Sunday.
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
The Artemis II astronauts continued their long coast to the moon, capturing stunning photos along the way.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
President Trump spoke with the crew of the Artemis II mission on Monday as they capped off a historic day that saw them loop around the far side of the moon and begin their return to Earth.
The Artemis II on Monday made its trip around the far side of the moon and began its journey back to Earth. Lindsey Reiser anchored CBS News' special coverage.
Trump sheds new light on mission to rescue F-16 crew members in Iran; Artemis II sets record for farthest distance travelled from Earth.
The Artemis II crew observed a total solar eclipse on Monday night while making its way back to Earth. Former NASA astronaut Terry Hart joins CBS News with his reaction.
President Trump is hailing the rescue of a downed weapons system officer as one of the most complex missions the U.S. military has ever attempted. Lt. Col. Dan Rooney, a decorated F-16 fighter pilot and combat veteran, joins CBS News to discuss.