How the Strait of Hormuz impacts oil prices
About 20% of the world's oil goes through the Strait of Hormuz, which is a crucial waterway south of Iran. Kelly O'Grady explains how it impacts the oil market worldwide.
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About 20% of the world's oil goes through the Strait of Hormuz, which is a crucial waterway south of Iran. Kelly O'Grady explains how it impacts the oil market worldwide.
Iran has threatened to shut down Persian Gulf shipping lanes. It comes as it steps up strikes on Gulf states and Israel, with Qatar saying it intercepted 17 Iranian ballistic missile attacks on Monday alone. President Trump said the U.S. has decimated Iran's missile capacity. Matt Gutman has the latest.
President Trump's assurances that a rising U.S. death toll and soaring energy prices will be temporary and worth the pain are failing to assuage jittery investors.
On Monday, President Trump told CBS News senior White House correspondent Weijia Jiang that the war in Iran "is very complete," but he did not provide a timeline for the end of the conflict. Lindsey Reiser takes a look at the war's first 10 days and some of the strikes that have been carried out across the Middle East.
As the war with Iran causes the price of oil to skyrocket, the CEO of United says that it could soon affect airline prices. Clint Henderson, managing editor for travel website The Points Guy, joins to discuss.
President Trump gave updates on the war in Iran on Monday, saying he was "disappointed" in the country's new choice of leadership, the former supreme leader's son, Mojtaba Khamenei. CBS News congressional correspondent Nikole Killion joins to discuss takeaways from the news conference. Then, Joe Zacks, former deputy assistant director for counterterrorism at the CIA, joins with analysis.
Gas prices rose 14% during the first week of the joint U.S.-Israel war with Iran, according to AAA. CBS News contributor J.D. Durkin joins from the New York Stock Exchange with analysis.
The average price of a gallon of gas in the U.S. is up 17% since the war with Iran began. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins with analysis.
President Trump on Monday held his first news conference since the U.S. and Israel launched strikes against Iran. CBS Evening News anchor Tony Dokoupil leads a special report.
The war in Iran is now in its 10th day. CBS News' Robert Costa and Weijia Jiang both spoke with President Trump about the state of the conflict and joined "The Takeout" to describe their conversations.
When asked about the potential for U.S. troops on the ground in Iran, Defense Secretary Pete Hegseth told CBS News chief Washington correspondent Major Garrett, "You don't tell anybody what your limits would be on an operation." Former CIA officer Elliot Ackerman joins with analysis.
Sources tell CBS News that a preliminary intelligence assessment suggests the U.S. is "likely" responsible for the bombing of a girls' school in Iran that killed 168 people, many of them children, on Feb. 28. The report also suggests the U.S. did not intentionally target the school and may have hit it in error. CBS News chief correspondent Matt Gutman has more.
President Trump told CBS News' Weijia Jiang on Monday that the Iran war could be almost over and that he's eyeing control of the Strait of Hormuz. CBS News White House reporter Olivia Rinaldi has the details on the conversation.
Stock markets plunged on Monday as the price of oil hit more than $100 per barrel for the first time since July 2022. Noam Raydan, a senior fellow at the Washington Institute for Near East Policy, joins with more.
Retired Lt. Gen. H.R. McMaster, former national security adviser in the first Trump administration, joins CBS News to discuss the potential for boots on the ground in Iran.
Wall Street is having a rough day as the Iran war spurs on skyrocketing oil prices. Clayton Seigle, senior fellow for the Energy Security and Climate Change Program at CSIS, joins CBS News to discuss.
The U.S. is "likely" responsible for the deadly bombing of a girls' school in Iran, sources told CBS News. Secretary of Defense Pete Hegseth told reporters Saturday that an investigation into the incident is ongoing. CBS News' Oivia Gazis has more.
The Pentagon has identified Sgt. Benjamin N. Pennington from Kentucky as the soldier who died from Sunday injuries sustained in a March 1 attack on a U.S. airbase in Saudi Arabia. CBS News chief White House correspondent Nancy Cordes has more.
The soldier killed in an attack on an American base in Saudi Arabia has been identified as Army Sgt. Benjamin Pennington, 26, of Kentucky, the Defense Department said. He is the seventh U.S. service member to be killed in the Middle East since the start of the U.S.-Israeli war with Iran. CBS News senior White House correspondent Weijia Jiang has more.
Marc Caputo, who covers the White House for Axios, joins CBS News 24/7 to discuss his report on the U.S. weighing the use of special forces in Iran to destroy its stockpiles, and more details on the U.S. possibly being at odds with Israel over its strikes on Iran's fuel depots.
President Trump told Fox News that he's "not happy" with Iran's choice of Ayatollah Mojtaba Khamenei as the country's new supreme leader. CBS News senior foreign correspondent Holly Williams has more.
Mojtaba Khamenei, the son of former Ayatollah Ali Khamenei, was chosen as Iran's new supreme leader following his father's death in U.S.-Israeli strikes, state media claims. CBS News' Courtney Kealy has more on how the decision was made.
Oil prices have soared as the war against Iran continues on its 10th day, hitting $100 per barrel for the first time since July 2022. Kristin Myers, the ETF editor-in-chief for Asset TV, breaks down the economic impact. Salvatore R. Mercogliano, an adjunct professor at U.S. Merchant Marine Academy, breaks down where things stand with the Strait of Hormuz.
Iran announced Mojtaba Khamenei, the son of Ayatollah Ali Khamenei, as its new supreme leader on Sunday, according to state media. CBS News senior national security correspondent Charlie D'Agata has more.
The U.S. announced at least seven members of the military have been killed as the Iran war rages on. CBS News' Lana Zak reports.
President Trump said that other countries would join the U.S. in sending warships to the Strait of Hormuz, but did not share more specifics.
In an exclusive interview with CBS News Saturday, Federal Communications Chair Brendan Carr doubled down on his warning that broadcast licenses could be revoked amid President Trump's criticisms of media coverage of the war in Iran.
Kharg Island is a small, heavily fortified, and strategically valuable island off Iran's northern coast.
The Trump administration has proposed the construction of an underground facility to screen visitors to the White House.
Another three members of the Iran women's soccer team who accepted refugee visas to stay in Australia have decided to return to their homeland, an Australian government minister said.
The State Department is seeking information on Iran's new supreme leader and nine other "key leaders" in the Islamic Revolutionary Guard Corps.
Federal Communications Commission Chair Brendan Carr did not name specific networks, but his post included a reference to a Saturday morning Truth Social post from the president.
TSA officers faced their first full missed paycheck Friday.
The attack hit four districts, damaging residential buildings, educational institutions and critical infrastructure, officials said.
Jocelyn Peters, a beloved third grade teacher in St. Louis, Missouri, was shot to death in her sleep. The crime scene held an unusual clue – something one detective says he had never seen before.
Within days of their firings, two former federal workers launched a support group for fellow colleagues in the same situation. What started out as 20 people has grown to almost 5,000 members nationwide.
Six U.S. service members who were killed in a military refueling aircraft crash over Iraq last week have been identified as members of the Ohio Air National Guard and Florida-based crew members.
In an exclusive interview with CBS News Saturday, Federal Communications Chair Brendan Carr doubled down on his warning that broadcast licenses could be revoked amid President Trump's criticisms of media coverage of the war in Iran.
The Trump administration has proposed the construction of an underground facility to screen visitors to the White House.
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
Planning a trip? Travel experts recommend booking your flight soon as the Iran war drives up airline and ticket costs.
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
Parts defect affecting Highlander and Highlander Hybrid vehicles can increase the risk of injury, according to a safety notice. Here's what to know.
Within days of their firings, two former federal workers launched a support group for fellow colleagues in the same situation. What started out as 20 people has grown to almost 5,000 members nationwide.
In an exclusive interview with CBS News Saturday, Federal Communications Chair Brendan Carr doubled down on his warning that broadcast licenses could be revoked amid President Trump's criticisms of media coverage of the war in Iran.
Another three members of the Iran women's soccer team who accepted refugee visas to stay in Australia have decided to return to their homeland, an Australian government minister said.
The Trump administration has proposed the construction of an underground facility to screen visitors to the White House.
Federal Communications Commission Chair Brendan Carr did not name specific networks, but his post included a reference to a Saturday morning Truth Social post from the president.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
Six U.S. service members who were killed in a military refueling aircraft crash over Iraq last week have been identified as members of the Ohio Air National Guard and Florida-based crew members.
Another three members of the Iran women's soccer team who accepted refugee visas to stay in Australia have decided to return to their homeland, an Australian government minister said.
His predecessor, Pope Francis, lived in a simple apartment in the Santa Marta guesthouse in the Vatican.
Kharg Island is a small, heavily fortified, and strategically valuable island off Iran's northern coast.
The attack hit four districts, damaging residential buildings, educational institutions and critical infrastructure, officials said.
The Academy Awards are on Sunday night and Hollywood's biggest stars will be under the watchful eye of the paparazzi. Barry Petersen reports that those who once made a lot of money for their shots are no longer.
Pascal Rostain, one of the last-standing "traditional" paparazzi photographers, talks to "CBS Saturday Morning" about how the industry has changed in a world of smartphones and social media.
Kat Rosenfield, a culture writer for the Free Press, joins "CBS Saturday Morning" to preview the 98th Academy Awards and discuss her new novel, "How to Survive in Woods." The Free Press is a Paramount publication.
Jay Buchanan is the frontman for the Grammy-nominated rock group Rival Sons. Outside of the band, he's collaborated with Brandi Carlile, Jason Isbell, and the Bee Gees' Barry Gibb. His debut solo album, Weapons of Beauty, is out now. Here's Jay Buchanan performing "Deep Swimming."
Jay Buchanan is the frontman for the Grammy-nominated rock group Rival Sons. Outside of the band, he's collaborated with Brandi Carlile, Jason Isbell, and the Bee Gees' Barry Gibb. His debut solo album, Weapons of Beauty, is out now. Here's Jay Buchanan performing "Sway."
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
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.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
The Trump administration has blacklisted AI giant Anthropic, labeling it a supply chain risk. The company has sued in response. New York Times tech reporter Sheera Frenkel joins CBS News to break down the feud.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Jocelyn Peters, a beloved third grade teacher in St. Louis, Missouri, was shot to death in her sleep. The crime scene held an unusual clue – something one detective says he had never seen before.
Suspect Christian Barrios, 32, shot two people multiple times Friday night, St. Johns County Sheriff Rob Hardwick said.
Prosecutors intend to seek the death penalty for Tyler Robinson, 22, who is charged with aggravated murder in the Sept. 10 shooting of Charlie Kirk.
The suspect in the Michigan synagogue attack died from a self-inflicted gunshot wound, the FBI said at a news conference on Friday. CBS News correspondent Ash-har Quraishi has the latest.
Officials in Michigan gave an update about Thursday's synagogue car ramming attack that the FBI is investigating as a "targeted act of violence against the Jewish community." CBS News national security contributor Sam Vinograd has more.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
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.
Why did a man eat pages from a notebook when facing questions about the murder of a third grade teacher? "48 Hours" correspondent Anne-Marie Green reports.
Since the Department of Homeland Security shut down last month, Transportation Security Administration employees have been working without pay. Travelers around the U.S. saw long lines and delays as the agency grappled with staffing shortages and resignations.
Iranian attacks on tankers and cargo ships have choked the flow of oil and goods through the Strait of Hormuz, a narrow passage connecting Persian Gulf oil producers to global markets. The disruption threatens to drive U.S. gas prices to record highs.
Two former federal workers are turning their firings into a movement to help others. Nikole Killion has their story.
Fliers in the U.S. experienced long lines at security as TSA agents worked without pay. Tim McNicholas has more on the major problems looming this spring break.