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.
Federal Reserve raises interest rates for the first time since 2023
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by surging energy prices.
Exclusive
Photos show widespread damage at U.S. positions caused by Iranian attacks
The images were sent to CBS News by active service members under condition of anonymity.
Patrick Clancy in his own words, only on 60 Minutes
This Sunday on 60 Minutes, Patrick Clancy talks about his grief, his memories of his children, and the baseless conspiracy theories that flooded social media since his ex-wife's murder trial.
Live
House speaker declares Iran nuclear issue "taken care of"
The Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.
Exclusive
Family blames Texas' "merciless" abortion ban for woman's death, sues Paxton, others
The family of 37-year-old Tierra Walker filed a lawsuit against Texas Attorney General Ken Paxton and others, saying she was denied an abortion that could have saved her life.
House passes bill to shield Americans from data center energy costs
The vote comes as lawmakers face increasing pressure to respond to the data center boom driven by the AI race.
Investigation
A trusted seal made websites look legit. The weight-loss drug they sold wasn't.
Selling retatrutide commercially is prohibited by federal law. Yet, companies have promoted the drug on social media, thanks in part to being certified by LegitScript.
House passes Russia sanctions bill, overcoming Democratic opposition
The bill was championed by GOP Sen. Lindsey Graham, who suddenly died after announcing a deal had been reached with the White House to move forward.
How Olympian Aly Raisman learned to advocate for her own health
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
U.S.
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Ross Fire 100% contained after more than 3 weeks
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
NASA spacecraft discovers moon crater bigger than Roman Colosseum
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
Virginia fines a Microsoft data center for emissions violations
As part of the settlement with Microsoft, the tech giant has agreed to invest $2.4 million toward an environmental project underway in Loudoun County.
AI doesn't have rights or feelings, Microsoft's AI chief says
Microsoft's Mustafa Suleyman said in an essay that trying to develop AI consciousness would be "catastrophic" for humanity.
Senate Democrats meet with El-Sayed, rallying around Michigan nominee
Michigan Democratic Senate candidate Abdul El-Sayed met with Senate Democrats as they look to rally around his candidacy in the final sprint to November's election.
MoneyWatch
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AI doesn't have rights or feelings, Microsoft's AI chief says
Microsoft's Mustafa Suleyman said in an essay that trying to develop AI consciousness would be "catastrophic" for humanity.
Federal Reserve raises interest rates for the first time since 2023
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by soaring energy prices.
Amazon raises starting pay to $20 an hour and adds Whole Foods perks
Amazon said it is increasing its minimum pay for operations workers by $1 an hour and adding grocery discounts for all U.S. employees.
Own a car? You're getting socked by higher prices, and not only for gas
Car ownership costs have soared 50% since 2020, according to new economic data. Here's where motorists are getting dinged.
OpenAI backs measure that would require independent audits of AI models
Top OpenAI executive endorses plan that would require AI companies to submit their technology to third-party reviews to assess their safety.
Politics
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House passes Russia sanctions bill, overcoming Democratic opposition
The bill was championed by GOP Sen. Lindsey Graham, who suddenly died after announcing a deal had been reached with the White House to move forward.
Coast Guard and FBI boarded tankers due to cyberattacks. How big is the risk?
U.S. Coast Guard personnel and FBI agents boarded two Texas-bound energy tankers last month after cyberattacks struck the vessels while they were traveling toward the United States, according to U.S. officials.
House passes bill to shield Americans from data center energy costs
The vote comes as lawmakers face increasing pressure to respond to the data center boom driven by the AI race.
ISIS-K member sentenced to 20 years in prison in case tied to Kabul bombing
An Islamic State group member was sentenced to 20 years in prison for aiding the terrorist organization that took credit for a suicide bombing that killed 13 U.S. service members and about 160 Afghans at a Kabul airport.
Virginia fines a Microsoft data center for emissions violations
As part of the settlement with Microsoft, the tech giant has agreed to invest $2.4 million toward an environmental project underway in Loudoun County.
HealthWatch
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How Olympian Aly Raisman learned to advocate for her own health
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
Investigation
A trusted seal made websites look legit. The weight-loss drug they sold wasn't.
Selling retatrutide commercially is prohibited by federal law. Yet, companies have promoted the drug on social media, thanks in part to being certified by LegitScript.
Outcome of employment lawsuit could promote use of skimpy health plans
A long-running lawsuit challenging what it means to be an employee and therefore have access to work-based health plans is being closely watched by health policy analysts.
Pennsylvania woman dies of measles complications, coroner reports
A 40-year-old woman died on Saturday from complications associated with measles, the coroner reported.
Strange symptom and a "weird" referral led to surprise Stage 4 cancer diagnosis
Kate Ping thought she was just stressed out. A nurse practitioner's surprising recommendation led to a shocking diagnosis.
World
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House passes Russia sanctions bill, overcoming Democratic opposition
The bill was championed by GOP Sen. Lindsey Graham, who suddenly died after announcing a deal had been reached with the White House to move forward.
Coast Guard and FBI boarded tankers due to cyberattacks. How big is the risk?
U.S. Coast Guard personnel and FBI agents boarded two Texas-bound energy tankers last month after cyberattacks struck the vessels while they were traveling toward the United States, according to U.S. officials.
ISIS-K member sentenced to 20 years in prison in case tied to Kabul bombing
An Islamic State group member was sentenced to 20 years in prison for aiding the terrorist organization that took credit for a suicide bombing that killed 13 U.S. service members and about 160 Afghans at a Kabul airport.
Village votes to leave U.K. in symbolic protest of plan to house asylum seekers
Residents of Piddington voted overwhelmingly to leave the United Kingdom in a symbolic referendum over plans to house asylum seekers nearby.
Humpback whale seen grieving dead calf in rare footage
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Entertainment
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Entertainment
Sheeran torched over Macklemore tour ousting
Ed Sheeran is facing intense public backlash after rapper Macklemore, who was set to open his upcoming tour dates, was dropped from the production over pro-Palestine comments. CBS News' Shanelle Kaul reports and Alex Suskind, news director at online music magazine Pitchfork, joins "The Daily Report" to discuss.
Judge Judy's son takes up the gavel in new show
Judge Judy has been a staple of daytime TV for 30 years, but now televised courts are becoming a family affair with her son, Adam Levy, picking up the gavel and donning the robe for "Adam's Law." Judge Levy joins CBS News to preview the new show.
Ed Sheeran speaks out on Macklemore decision
Ed Sheeran spoke out Tuesday after facing backlash for dropping Macklemore from his tour following the rapper's pro-Palestinian statements onstage. Shanelle Kaul reports.
Ed Sheeran breaks silence amid controversy
The rapper Macklemore was bumped from Ed Sheeran's U.S. concert tour for pro-Palestinian comments that some say crossed a line into prejudice. Now, four additional supporting acts have quit in solidarity and the headliner has addressed the controversy. Carter Evans reports.
Ed Sheeran's supporting acts pull out of tour after Macklemore was dropped
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Technology
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House passes bill to shield Americans from data center energy costs
The vote comes as lawmakers face increasing pressure to respond to the data center boom driven by the AI race.
Reporter's first impressions of iPhone Duo
Apple has announced its first foldable iPhone called the Duo. While pre-orders for the nearly-$2,000 phone are just a month away, some people got their hands on it at Apple's launch event. CNET senior technology reporter Abrar Al-Heeti was one of them and joins CBS News to discuss.
How AI powered robots are helping small farms
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.
Alabama attorney general candidate on AI, more
House lawmakers are heading home for recess until after the midterms, leaving artificial intelligence regulation still stalled in Congress. Alabama Republican candidate for attorney general Katherine Robertson, who is currently leading a state investigation into OpenAI, joins "The Takeout" to discuss.
AI doesn't have rights or feelings, Microsoft's AI chief says
Microsoft's Mustafa Suleyman said in an essay that trying to develop AI consciousness would be "catastrophic" for humanity.
Science
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Humpback whale seen grieving dead calf in rare footage
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
First-ever adult T. rex trackway found in North Dakota
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Crime
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Crime
Patrick Clancy sits down with 60 Minutes
Patrick Clancy spoke with 60 Minutes this week. Shanelle Kaul has a preview of the story, which airs Sunday.
U.S. probing suspected cyberattack on tanker
The FBI and the Coast Guard are investigating a giant oil tanker on its way to Texas that may have been taken over by a cyberattack. Iranian state media claims hackers had control of the ship's propellers, raising concern that these giant vessels could be used as weapons. Nicole Sganga reports.
FBI probing potential father-son serial killers
FBI agents are investigating two potential serial killers, a father and his son, possibly involved in the killings of at least five women. Jericka Duncan reports.
Officials: Foreign actor breached tanker network
Federal authorities have confirmed that a foreign actor compromised the network of two oil tankers that were heading towards Texas in August. CBS News homeland security correspondent Nicole Sganga has the details.
Lindsay Clancy hires new lawyer for retrial
Lindsay Clancy has hired Martin Weinberg, one of Karen Read's attorneys, as she faces a retrial for the killings of her three children. CBS News' Shanelle Kaul has more.
Space
More Space
NASA spacecraft discovers moon crater bigger than Roman Colosseum
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Latest CBS News Videos
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Latest CBS News Videos
Patrick Clancy sits down with 60 Minutes
Patrick Clancy spoke with 60 Minutes this week. Shanelle Kaul has a preview of the story, which airs Sunday.
Sheeran torched over Macklemore tour ousting
Ed Sheeran is facing intense public backlash after rapper Macklemore, who was set to open his upcoming tour dates, was dropped from the production over pro-Palestine comments. CBS News' Shanelle Kaul reports and Alex Suskind, news director at online music magazine Pitchfork, joins "The Daily Report" to discuss.
Musk's DOGE spent billions cutting jobs
A new report from the Government Accountability Office shows federal agencies spent $9.5 billion on administrative leave costs in 2025, an increase spurred by the DOGE push to cut down the federal workforce. CBS News' Aaron Navarro has more.
Golden retriever tries to play with intruder
A golden retriever got his big chance to be a guard dog, but instead of guarding, Nash tried to play with the intruder. Tony Dokoupil has the story.
Police rush to fiery motel for evacuations
Newly released video shows fire ripping through a Florida motel this weekend and first responders rushing into the danger. Cristian Benavides spoke with two of them.