Americans face calls to cut their energy usage as Iran war drags on
As oil prices surge, some experts are urging consumers to take energy-conserving steps like working from home or driving less.
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As oil prices surge, some experts are urging consumers to take energy-conserving steps like working from home or driving less.
White House press secretary Karoline Leavitt says talks with Tehran are ongoing hours after Iran's state media said the regime rejected Trump administration proposals.
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
Trading in crude oil futures spiked only minutes before President Trump postponed an ultimatum on Iran, causing oil prices to drop and stocks to surge.
Summer gasoline regulations will be waived for 20 days, and possibly longer to try to ease gas prices.
Oil prices dropped with news of possible U.S.-Iran peace talks. Isabel Wang, a markets reporter for MarketWatch, joins with more.
President Trump said several members of his administration were involved in talks with Iran about the ongoing war.
A huge spike in oil futures trading minutes before President Trump announced talks with Iran is drawing suspicion about insider trading. Jill Schlesinger explains.
President Trump is signalling a desire to end the U.S. war against Iran through diplomacy. CBS News' Ed O'Keefe and Elizabeth Palmer have the latest.
As Iran threatens to mine the entire Persian Gulf, President Trump said his deadline for the Strait of Hormuz to reopen is postponed amid negotiations with Tehran.
Crude oil prices also dropped after President Trump said the administration had held "good and productive" peace talks with Iran.
CBS News contributor H.R. McMaster breaks down the current state of affairs around the Strait of Hormuz after President Trump walked back threats to bomb Iran's power plants.
Oil prices continue to fluctuate as the war in Iran continues and as the Strait of Hormuz's security remains in peril. MarketWatch's Joy Wiltermuth joins CBS News with more.
President Trump announced a halt to attacks against power plants and Iran's energy infrastructure due to apparent movement in talks with Tehran. CBS News' Chris Livesay and Cristian Benavides report.
In a recent CBS News poll, 57% of respondents said they think the war with Iran is not going well for the U.S. and 66% called it a "war of choice." Fewer than one-third think the Trump administration has clearly stated U.S. goals in the conflict. Ed O'Keefe reports.
The president threatened to "obliterate" Iranian power plants if Iran didn't reopen the Strait of Hormuz by late Monday night Eastern Daylight Time.
Americans voice a range of goals for the U.S. in Iran, including that it is important to stop Iran's nuclear program, make sure the Iranian people are safe and free -- but also, for most, to end the conflict as quickly as possible, CBS News director of elections and surveys Anthony Salvanto says.
The U.S. Treasury has authorized the purchase of Iranian oil that's already at sea, exempting buyers from the tight sanctions that have restricted Iran's oil industry for years, as the Trump administration grapples with high oil prices.
With gas closing in on $4 a gallon, the Trump administration is pulling multiple levers to tame energy prices. The results have been mixed.
Plunging oil shipments transiting the Strait of Hormuz have sent global energy prices soaring to their highest level in years.
Experts warn that surging energy costs are likely to ripple through U.S. supply chains, resulting in higher prices online and in stores.
All eyes are on Iran's Kharg Island and oil production hubs in the region as the war in the Middle East enters a third week. CBS News' Aaron MacLean and Nancy Cordes have the latest.
As Iran retaliates for an Israeli strike on the South Pars gas field, one analyst warns the war is "now hitting the plumbing of the global energy system."
Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.
President Trump is trying to distance the U.S. from an Israeli strike against Iran's South Pars gas field. CBS News' Courtney Kealy explains.