Potential impact of Iran strikes on oil, gas prices
Some Americans are concerned about how attacks on Iran could impact the economy. CBS News' Jericka Duncan discusses the potential impact.
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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.
A Canadian airline suspends flights to Cuba as U.S sanctions and Trump's tariff threats force Havana to warn carriers there's no way to refuel on the island.
A U.S.-flagged tanker heading for Bahrain was approached and threatened by Iranian gunboats in the Strait of Hormuz, a British maritime security firm says.
President Trump on Thursday signed an executive order that would impose a tariff on any goods from countries that sell or provide oil to Cuba.
The U.S. has seized seven Venezuelan-linked oil tankers since Dec. 10, 2025.
President Trump has said he's skeptical that opposition leader María Corina Machado can lead Venezuela's military, control its vast oil supply and rally public society to help rebuild the country. Charles Shapiro, who served as the U.S. ambassador to Venezuela during the George W. Bush administration, joins "The Takeout" with his perspective.
The Trump administration has not yet disclosed many details about the deal.
Mexico has become a key fuel supplier to Cuba since Venezuelan leader Nicolás Maduro's capture by the U.S.
Energy Secretary Chris Wright told "Face the Nation with Margaret Brennan" that it's a "very real possibility" the U.S. could have a financial stake in Venezuelan oil as President Trump hosted oil executives at the White House and has pressed them to reenter Venezuela.
President Trump said, "We are going to do something on Greenland, whether they like it or not," earlier this week. But Greenland, a territory of Denmark and a NATO ally, is rejecting the threats. Willie James Inman has more details.
President Trump met with oil executives on Friday after the U.S. military action in Venezuela, but some doubted the viability of revamping the country's oil reserves, which Rystad Energy estimates would take 15 years and billions of dollars.
President Trump has said Venezuela "unilaterally seized and sold American oil." But the history between the countries is far more complicated, experts note.
The U.S. military seized a fifth oil tanker linked to Venezuela. It comes as President Trump met with oil executives about investing in Venezuela's oil industry. Nancy Cordes and Charlie D'Agata have more.
The Trump administration has confirmed that U.S. forces seized another oil tanker linked to Venezuela. It comes as President Trump met with the executives from more than a dozen oil and gas companies on Friday. CBS News White House reporter Aaron Navarro has more.
President Trump hosted Big Oil executives at the White House on Friday to discuss their potential involvement in his plan to rebuild and control Venezuela's infrastructure. CBS News White House reporter Aaron Navarro has the details.
President Trump took questions from reporters at the White House on Friday after meeting with executives of oil and gas companies. The president spoke on a range of topics, from the deadly Minneapolis ICE shooting to Iran and Greenland. CBS News White House reporter Aaron Navarro joins with his takeaways.
As President Trump presses U.S. oil companies to reenter Venezuela, investors weigh what it could mean for the global economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump met with oil company executives at the White House on Friday afternoon to discuss Venezuela's oil supply. CBS News' Aaron Navarro and University of Houston energy fellow Ed Hirs join with analysis.
The Trump administration has seized two oil tankers linked to Venezuela, one in the Caribbean and another in the North Atlantic. Elliot Ackerman, a U.S. Marine Corps veteran, former CIA special operations officer and a contributor with the Free Press, which, like CBS News, is owned by Paramount Skydance, joins "The Daily Report" to discuss.
The U.S. carried out operations Wednesday to seize two oil tankers linked to Venezuela -- a Russian-flagged tanker in the North Atlantic, and a second tanker in the Caribbean Sea, officials said. Charlie D'Agata has details.
The U.S. military has seized two oil tankers linked to Venezuela. The Trump administration said the two ships, the Marinera in the North Atlantic and the Sophia in the Caribbean, were carrying sanctioned oil. Two U.S. officials tell CBS News that the vessel in the Atlantic, formerly known as Bella 1, had a Russian escort. CBS News' Eleanor Watson and Caitlin Huey-Burns have more.
The Trump administration is trying to make the case that the U.S. should control Greenland. Max Bergmann, director of Europe, Russia and Eurasia Program at CSIS, joins CBS News to discuss.
The U.S. is targeting the so-called "shadow fleet" of ships that the government says illegally transports oil from sanctioned nations like Russia, Iran and Venezuela. Overnight, the U.S. carried out seizures of two oil tank vessels. CBS News' James LaPorta has more.
A new analysis finds that the average price of gas in the U.S. is expected to fall to its lowest level since 2020 this year. While the yearly average will fall under $3, GasBuddy notes that there is some expected fluctuation throughout the year due to seasonal demand, weather and geopolitics. Patrick De Haan, head of petroleum analysis at GasBuddy, joins "The Daily Report" to break down the report and discuss what the military raid in Venezuela may mean for gas prices.