Ukrainian drone strikes deep inside Russia kill at least 13, authorities say
The death toll is one of the highest among Russian civilians in recent months, as Ukraine seeks to disrupt Russia's oil supply.
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The death toll is one of the highest among Russian civilians in recent months, as Ukraine seeks to disrupt Russia's oil supply.
Oil prices are rising as uncertainty over the war in Iran continues, despite apparent progress in talks over the Strait of Hormuz. CBS News contributor Javier David has more.
The cost of the war with Iran on taxpayers continues to grow, not only to finance the Pentagon's plans, but at the pump. Taurean Small has more.
The United Arab Emirates' Abu Dhabi National Oil Company said one of its ships was targeted while transiting the strait.
Since the start of Russia's full-scale invasion of Ukraine, there have been various cases of Ukrainian drones straying into NATO airspace.
The secretary of state said progress has been made in the Iran-Oman talks but that no final agreement has been reached, adding, "We're hoping that will happen very shortly."
Oil prices dropped Monday after President Trump called off an apparent strike on Iran, and then said the U.S. was starting diplomatic talks. Iran denied the claim. David Uberti, a reporter for The Wall Street Journal, has more.
President Trump said negotiations with Iran are set to begin Monday after announcing Saturday night that he canceled a pending attack on Iran.
A vote in the Senate to limit President Trump's war powers has narrowly failed again. Three Republicans voted in favor of it.
U.S. households will spend roughly $4,000 per student on school supplies and lunches this year, a new analysis found.
Oil prices fell on Monday as President Trump's decision to pause strikes on Iran fueled hopes for diplomacy. Meanwhile, top tech stocks including Amazon and Meta are preparing for the release of their new earnings reports. Yahoo Finance reporter Brooke DiPalma joins CBS News to discuss.
Crude prices dropped as the U.S. Ambassador to the UN said suspension of attacks is aimed at finding a diplomatic solution.
Global oil prices are hovering around $90 per barrel as the U.S.-Iran conflict remains volatile. Meanwhile, the Federal Reserve is set to make an interest rate decision on Wednesday. Madison Mills, a senior AI reporter for Axios, joins with more.
Talks between Oman and Iran on reopening the Strait of Hormuz and their respective territorial waterways have made progress, two sources told CBS News.
The escalating war with Iran is threatening even higher energy costs for Americans as many are already struggling with affordability. Olivia Gazis reports.
The U.S. moves more refueling planes to the Mideast and adds medics at a major military hospital as the war with Iran spreads to another key waterway.
The last time global oil prices settled above $100 was on May 22, data from FactSet shows.
As Iran's attacks keep ship traffic through the Strait of Hormuz to a trickle and oil prices surge, Gulf states are planning to invest billions in pipeline alternatives.
Despite U.S. assertions, the CEO of a maritime risk firm says "there is no guarantee of safe passage" through the Strait of Hormuz.
The Federal Reserve is set to meet next week amid economic strains from the renewed and ongoing conflict with Iran, including higher oil prices. Ann Berry, the CEO of Threadneedle, joins with more on what to expect.
The national average for a gallon of gas is just over $4, which is up about 17 cents from only a week ago and 91 cents higher compared to this time last year, according to AAA. It comes as tensions escalate between the U.S. and Iran. Cristian Benavides reports.
The national average for a gallon of gas reached $4.003 on Monday, the first time in over a month it has crossed that threshold, AAA data shows.
Crude oil prices surged once again after the U.S.-Iran ceasefire collapsed. CBS News contributor Javier David has more details.
Two U.S. service members were killed earlier in Jordan and a third was missing in action, the U.S. Central Command said.
Gas prices have increased again as tensions rise between the U.S. and Iran. Axios reporter Madison Mills explains how oil markets have reacted to the war.