Global oil prices hit $100 a barrel amid attacks in Red Sea
The last time global oil prices settled above $100 was on May 22, data from FactSet shows.
Oil Imports
Oil markets fluctuate amid U.S.-Iran war
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.
How strait blockade changed energy trade
President Trump said the Strait of Hormuz will reopen within "the next day or two." Semafor climate & energy editor Tim McDonnell explains why global energy trade will never be the same, even when the strait reopens.
Chart shows what you're paying for when you buy a gallon of gas
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?
Cuba says it released over 2,000 prisoners as White House heaps pressure on island
The Cuban government says it has pardoned and released 2,010 prisoners, a sweeping move that comes as the island nation grapples with pressure from the Trump administration.
Strait of Hormuz remains paralyzed as war rages on
President Trump wants other nations not involved in the war with Iran to join the effort to escort vessels carrying oil and natural gas through the Strait of Hormuz. CBS News senior foreign correspondent Imtiaz Tyab reports. Then, former CIA Deputy Assistant Director for Counterterrorism Joe Zacks joins with analysis.
From the archives: Grappling with the 1973 oil crisis
On Nov. 29, 1973, CBS News aired a special report titled "Making It Through This Winter," spotlighting the ways Americans were making do amid the oil crisis. Watch the program in full.
What will it take for ships to brave the Strait of Hormuz again?
Energy prices won't ease up until the Strait of Hormuz is secure, experts say. Here's what it will take to get the oil flowing again.
What to know about the agency Trump says will insure ships in the Gulf
President Trump said the government agency will provide political risk insurance to "all shipping lines" operating in the Persian Gulf.
Venezuelan oil is coming to the U.S. What will it mean for gas prices?
The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the pump?
Mixed global reaction over Venezuela
Russia, China and Iran have all publicly condemned the U.S. action in Venezuela. CBS News producer Leigh Kiniry has the latest.
Expert says Putin doesn't respond to pressure
The Trump administration is trying to pressure Russia into a ceasefire, announcing new sanctions Wednesday against major Russian oil companies. Nina Khrushcheva, professor of international affairs at the New School and the great-granddaughter of former Soviet Prime Minister Nikita Khrushchev, joins "The Daily Report" to discuss.
Dow sinks over 750 points after Israel's attack on Iran
The Dow dropped more than 750 points Friday as investors fret over the risk of a widening war in the Middle East.
How other nations are reacting to Trump's sweeping new tariffs
America's global trading partners are bristling at President Trump's tariff tactics, but many also stress a desire to strike new deals with the U.S.
Potential Alaska-bound toll amid tariff war
Canada's British Columbia is proposing a law that would allow the province to toll U.S. trucks using its roads to travel to Alaska. Alaska Republican State Sen. Robert Myers joins "The Daily Report" to discuss the impact.
Tariffs on U.S. allies to take effect in hours
The U.S. will impose 25% tariffs on imports from Canada and Mexico starting Tuesday. Tariffs on goods from China will increase from 10% to 20%. Kelly O'Grady, CBS News MoneyWatch correspondent, and Sarah McGregor, managing editor for Bloomberg News' national desk, join "America Decides" with analysis.
How will OPEC+ cuts affect U.S. gas prices?
Several OPEC+ countries will reduce oil production by a combined 2.2 million barrels per day through June. Jeff Colgan, director of the Climate Solutions Lab at Brown University, joins CBS News to discuss how the decreased output could affect the U.S.
Oil is rising amid the Israel-Hamas war. Here's impact on gas prices.
Fighting has broken out between Israel and Hamas, pushing up global oil prices amid fears the conflict could escalate.
Oil cuts abroad could impact interest rates
Saudi Arabia and Russia have agreed to extend their voluntary oil production cuts through the end of 2023 -- a move that's already driving prices up. Carolyn Kissane, associate dean at New York University's Center for Global Affairs, joins CBS News to discuss how higher oil prices could also impact interest rates in the U.S.
Iran airs video of commandos seizing oil tanker bound for Texas
A photograph showed one commando with his fist in the air after apparently taking the vessel.
Biden to announce more sanctions on Russia
President Biden is expected to announce new sanctions on Russia, and administration officials are warning any countries that help Russia evade those economic sanctions will face consequences as well. Deputy Treasury Secretary Wally Adeyemo joins CBS News to explain the administration's plans, and why he's confident the sanctions are successful despite some saying there hasn't been the impact they had hoped.
What does new price cap on Russian oil mean for consumers?
Western nations want to hinder Russia's ability to wage war in Ukraine without driving up global energy prices.
France orders striking workers back to oil refineries as pumps run dry
The striking oil workers want a pay rise, arguing their salaries cannot keep up with inflation that has soared to almost 6% in France.
For now, Russia oil ban may hurt consumers more than Putin
Even those who cheer Europe's embargo on Russian energy predict short-term price shocks for nations and consumers.
Biden administration cancels Alaska oil and gas lease sale
The Interior Department's decision to not move forward with the lease sale comes as gas prices soar.
California couple at center of surrogacy scandal arrested
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Iran's Houthi allies deny losing ground as Mideast crisis engulfs Yemen
Investigation
The life and travels of an alleged Chinese agent in the U.S.
Eva Marie Saint, "North by Northwest" star, dies at 102
Olympian accused of damaging Reflecting Pool seeks probe of potential misconduct
Christa Pike is conscious, speaking after botched execution, attorneys say
Ex-CIA official found with $40 million in gold bars admits to sprawling scheme
Exclusive
Former Cornell frat members ask university to clear their names
