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Markets stem losses as Trump says Iran war will end "very soon," but Tehran says it's "prepared to continue attacking" indefinitely, and it won't let oil leave the Gulf.
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.
The Iran war is renewing concerns about the strategically vital Strait of Hormuz. A prolonged closure could sharply drive up oil prices, experts said.
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
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.
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.
Energy Secretary Chris Wright told "Face the Nation with Margaret Brennan" that he believes that oil and gas prices "shouldn't go much higher than they are here because the world is very well supplied with oil," adding that the conflict in the Middle East is "not a long-term war."
This week on "Face the Nation with Margaret Brennan," as the U.S. and Israeli forces stepped up their bombing campaign through the weekend, Margaret Brennan speaks to U.S. Energy Secretary Chris Wright, Israeli ambassador to the U.S. Michael Leiter and Democratic Sen. Tim Kaine.
China buys nearly all of Iran's sanctioned oil, and due to the U.S. and Israeli-led conflict there, the supply line has been severely disrupted. Anna Coren has more from Beijing.
Jill Schlesinger joins "CBS Saturday Morning" to discuss how the war against Iran is impacting the price of oil and gas. She also breaks down the February jobs report.
The U.S.-Israeli war with Iran is taking a toll on the economy. On Friday, U.S. crude oil prices went up to more than $85 per barrel. Plus, the job report for February came back worse than expected. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump said the government agency will provide political risk insurance to "all shipping lines" operating in the Persian Gulf.
Surging global oil prices due to the Iran war are leading to a spike in gasoline costs for U.S. motorists.
Relations between the two countries were cut off in 2019, during the first Trump administration.
Americans are now paying an average of $3.246 per gallon, up 26 cents since last week and the highest level since April 2025.
Gas prices are soaring for Americans as the Iran war rages on. The Wall Street Journal reporter David Uberti joins CBS News with more details.
President Trump said his objectives in Iran are to dismantle its military capabilities, destroy its naval assets, prevent it from obtaining a nuclear weapon and cut off funding to Iran's proxies. But Zineb Riboua, author of The Free Press article "The Iran Strike is All About China," argues otherwise. Paramount Skydance owns The Free Press and CBS News.
President Trump on Tuesday defended his decision to launch strikes on Iran as the conflict in the region widened. CBS News' Matt Gutman, Aaron Navarro and Kelly O'Grady have the latest on the war.
U.S. motorists could soon see higher prices at the pump as oil prices surge following the attacks in Iran.
Stocks recovered on Monday after tumbling earlier in the day over concerns that the U.S.-Israel attacks on Iran could drive up energy costs.
The U.S.-Israeli war in Iran is spiking oil prices as retaliatory attacks impact production throughout the Middle East, and fears of Iran disrupting operations in the Strait of Hormuz continue. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The U.S.-Israeli military strikes on Iran and counterattacks from the Iranian government threaten to destabilize economies across the world. CBS News national security contributor Sam Vinograd and "CBS Saturday Morning" co-host Kelly O'Grady speak about the security and economic impacts.
Iran is attempting to shut down the global flow of oil with its threats to close the Strait of Hormuz, which is the only waterway connecting the Persian Gulf to the Gulf of Oman. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Some Americans are concerned about how attacks on Iran could impact the economy. CBS News' Jericka Duncan discusses the potential impact.
Oil prices could surge depending on the level of disruption from U.S. military strikes on Iran, Wall Street analysts say.
Markets stem losses as Trump says Iran war will end "very soon," but Tehran says it's "prepared to continue attacking" indefinitely, and it won't let oil leave the Gulf.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
At a Miami-area news conference President Trump said he expects the war in Iran to end "very soon," but also called it "the beginning of building a new country."
Jurors in Manhattan federal court reached a verdict Monday after weeks of testimony in the sex trafficking trial of brothers Tal, Oren and Alon Alexander.
President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.
Secretary of State Marco Rubio formally designated Afghanistan as a state sponsor of wrongful detention, paving the way for the Trump administration to impose penalties such as sanctions and export controls.
Two men from Pennsylvania are facing federal charges for the incident. Video captured someone yelling "Allahu Akbar" just as a protester threw an "ignited device" during an anti-Islam demonstration in New York City.
A judge ruled last summer that President Trump's former lawyer Alina Habba was illegally serving as top New Jersey's federal prosecutor. On Monday, Habba's replacements were also disqualified.
Wyoming Gov. Mark Gordon has signed legislation banning abortions after embryotic cardiac activity can be detected, but a court challenge is likely.
Defense Secretary Pete Hegseth and Chairman of the Joint Chiefs of Staff Dan Caine are holding a news briefing as Iran launched new attacks Tuesday at Gulf countries.
Three leaders from the Delta Tau Delta fraternity were arrested on suspicion of hazing after the death of Colin Daniel Martinez.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Jurors in Manhattan federal court reached a verdict Monday after weeks of testimony in the sex trafficking trial of brothers Tal, Oren and Alon Alexander.
At a Miami-area news conference Monday, President Trump said he expects the war in Iran to end "very soon," but also called it "the beginning of building a new country."
Shortly after all JetBlue flights were grounded by the FAA due to what the agency said was a JetBlue request, the carrier said it had resumed operations.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
Anthropic sued the Defense Department and other federal agencies on Monday over the government's move to designate it a risk to the supply chain.
After a sharp drop in early trading, stocks recovered part of those losses as oil prices fell back below $100.
Defense Secretary Pete Hegseth and Chairman of the Joint Chiefs of Staff Dan Caine are holding a news briefing as Iran launched new attacks Tuesday at Gulf countries.
Wyoming Gov. Mark Gordon has signed legislation banning abortions after embryotic cardiac activity can be detected, but a court challenge is likely.
Two Democrats with potential presidential ambitions — Govs. Gavin Newsom and Andy Beshear — are weighing in on the U.S.-Iran war and criticizing President Trump's strategy, as the conflict overtakes the foreign policy debate.
CBS News California obtained a sworn declaration from Swalwell's landlord supporting his California residency claims, amid concerns that Tom Steyer's petition questioning his eligibility to run for governor publicly exposed Swalwell's home address.
Secretary of State Marco Rubio formally designated Afghanistan as a state sponsor of wrongful detention, paving the way for the Trump administration to impose penalties such as sanctions and export controls.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
Debi Weiss thought her fatigue and weakness was a seasonal illness, but her condition quickly worsened.
Defense Secretary Pete Hegseth and Chairman of the Joint Chiefs of Staff Dan Caine are holding a news briefing as Iran launched new attacks Tuesday at Gulf countries.
Markets stem losses as Trump says Iran war will end "very soon," but Tehran says it's "prepared to continue attacking" indefinitely, and it won't let oil leave the Gulf.
Secretary of State Marco Rubio formally designated Afghanistan as a state sponsor of wrongful detention, paving the way for the Trump administration to impose penalties such as sanctions and export controls.
President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.
Former Brazil forward Hulk was among the players sent off following the violence that lasted more than a minute.
Less than a week into a trial over Live Nation's alleged monopoly of the event ticket business, the parent company of Ticketmaster has reached a tentative settlement with the Justice Department. Kenneth Dintzer, antitrust attorney with the law firm Crowell & Moring, joins CBS News to break down the deal.
A woman has been arrested for allegedly firing several shots Sunday at the Beverly Hills home of pop music star Rihanna. CBS News Los Angeles' Tina Patel reports.
Live Nation, the parent company of Ticketmaster, has agreed to pay $280 million in civil penalties to 40 states that sued the company on antitrust grounds. As part of the settlement, Ticketmaster must also open technology to allow other ticket sellers to use its platform to reach customers, multiple sources told CBS News. Yasmin Khorram, economic policy reporter for Politico, joined CBS News to discuss.
Matthew Fox, who starred in the hit series "Lost," talks about being part of the cast for the new Paramount+ show "The Madison." He describes how he relates to his character, why he decided to return to Hollywood and working with Kurt Russell again.
Daryl Hannah, who dated John F. Kennedy Jr. in the 1990s, criticized the series "Love Story" and its portrayal of her. The FX series is about JFK Jr. and Carolyn Bessette, focusing on their courtship and marriage, which began after Kennedy's relationship with Hannah. In The New York Times, Hannah said the portrayal of her is "not even remotely accurate."
David Pogue, an author and correspondent for "CBS Sunday Morning," talks about covering the rise of Apple over his career as the company is set to turn 50 next month, and his new book, "Apple: The First 50 Years."
Artificial intelligence can give some workers "brain fry" if overused, according to a new study published in Harvard Business Review.
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.
In this web exclusive, Tim Cook, the CEO of Apple, talks with "Sunday Morning" correspondent David Pogue (author of "Apple: The First 50 Years") to discuss the company's first half-century and its constant focus on "the next thing." He also talks about the vision of Steve Jobs, whose return to Apple in 1997 reinvigorated the company.
David Pogue, author of "Apple: The First 50 Years," talks with Apple's co-founder Steve Wozniak, CEO Tim Cook, and others about the vision of Steve Jobs, and how the company's products and services have reshaped life, technology and culture in the 21st century.
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.
Jurors in Manhattan federal court reached a verdict Monday after weeks of testimony in the sex trafficking trial of brothers Tal, Oren and Alon Alexander.
A Georgia community is in mourning after a beloved teacher died during an alleged student prank gone wrong. CBS News correspondent Elaine Quijano reports.
Charges have been announced against two men after an explosive device was ignited outside New York City Mayor Zohran Mamdani's residence over the weekend. CBS News' Anna Schecter has more.
TATP, or triacetone triperoxide, was found inside undetonated explosive devices near New York City Mayor Zohran Mamdani's house, NYPD Commissioner Jessica Tisch said on Monday. She also said the incident is being investigated as "an act of ISIS-inspired terrorism." CBS News' Anna Schecter has more details.
New York City Mayor Zohran Mamdani and New York Police Department Commissioner Jessica Tisch provided updates on the explosive devices outside of the Gracie Mansion on Sunday after tensions escalated between two different protest groups. Tisch said the devices are being investigated as "an act of ISIS-inspired terrorism." CBS News senior coordinating producer Anna Schecter has more.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
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.
California vowed to stamp out hospice fraud, but a CBS News analysis found sweeping red flags remain at hundreds of hospices across Los Angeles. National correspondent Adam Yamaguchi looks into what this means for your tax dollars.
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.
Less than a week into a trial over Live Nation's alleged monopoly of the event ticket business, the parent company of Ticketmaster has reached a tentative settlement with the Justice Department. Kenneth Dintzer, antitrust attorney with the law firm Crowell & Moring, joins CBS News to break down the deal.
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.
Nathan Martin, a high school cross country coach from Michigan, caught up with the runner in first place during the last stretch of the Los Angeles marathon, winning the race in the closest finish in history. Tony Dokoupil has the story.