Iran war disrupts global oil trade as Trump administration prepares to escort ships
Iran's relentless attacks on Gulf states and infrastructure appear to be overshadowing interventions by the U.S. and its allies aimed at easing energy prices.
Persian Gulf
Massive emergency oil release fails to stem investor fears
Attacks on shipping traffic and energy infrastructure in the Persian Gulf temporarily pushed oil back above $100 a barrel, stoking investor fears.
Iran hits tankers and Gulf nations
Iran has attacked multiple tankers near its territory and is striking oil facilities in nearby countries. Meanwhile, U.S. and Israeli warplanes and missiles are continuing to hit targets across Iran. In its first week alone, the Iran war has cost more than $11 billion, according to lawmakers briefed by the Pentagon. Charlie D'Agata has the latest.
Suspected Iranian attacks in Strait of Hormuz
Suspected Iranian drones hit at least three ships in and around the Strait of Hormuz overnight as fighting in the vital shipping lane escalates. CBS News chief correspondent Matt Gutman reports from Tel Aviv, Israel.
IEA to release 400 million barrels of oil
The International Energy Agency agreed Wednesday to release 400 million barrels of oil from its strategic reserves to alleviate the shortage caused by the Strait of Hormuz shutdown. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Dozens of U.S. forces injured in Kuwait
Dozens of U.S. service members suffered serious injuries in Kuwait as the war with Iran began, including shrapnel wounds and brain trauma, multiple sources told CBS News. Aaron Navarro has more.
White House's Justification for war with Iran
The Trump administration briefed the Senate Armed Services Committee on Tuesday about Operation Epic Fury, but questions loom around the White House's justification for the Middle East conflict. CBS News' Aaron Navarro has more.
Iran, U.S.-Israel trade strikes on Day 12
Suspected Iranian drones hit ships near the Strait of Hormuz on Wednesday as U.S.-Israeli forces continued operations against Iran. CBS News foreign correspondent Holly Williams has the latest.
Fight for control over Strait of Hormuz
Three ships in the Persian Gulf reported a hit from suspected Iranian drones. It comes as the U.S. steps up attacks on the Iranian navy and both sides fight to control the Strait of Hormuz, a key waterway for global oil supplies. Matt Gutman has the latest.
Hegseth: Today "most intense day" of attacks on Iran, Trump to determine "end stage"
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far.
Is the Iran war going the way U.S. had hoped?
Tuesday marks the 11th day of the U.S.-Israeli war with Iran. Suzanne Maloney, vice president and director of foreign policy at the Brookings Institution, joins "The Takeout" with analysis on the state of the conflict.
Role of Persian Gulf states in war with Iran
The Persian Gulf states are facing more attacks from Iran amid its war with the U.S. and Israel. CBS News chief correspondent Matt Gutman has more from Tel Aviv.
White House's mixed messages on war with Iran
President Trump said Monday the war against Iran will be over "very soon," while Defense Secretary Pete Hegseth said Tuesday would be the most intense day of strikes on Iran so far. When asked about timing, Hegseth said, "It's not for me to posit whether it's the beginning, the middle or the end." CBS News' Eleanor Watson and Aaron Navarro have more.
World leaders eye oil reserves
Oil prices surged Monday to more than $119 per barrel but dropped by more than 10% on Tuesday. Meanwhile, world leaders are eyeing oil reserves as the Iran war continues to disrupt traffic through the Strait of Hormuz. Robert Schroeder, the Washington bureau chief at MarketWatch, has more.
How Middle East conflict impacts Iranians
Secretary of Defense Pete Hegseth promised that Tuesday would be the "most intense day of strikes" against Iran. CBS News senior foreign correspondent Holly Williams spoke with some Iranians about the conflict's impact.
Iran fires drones at Saudi Arabia, Kuwait
Iran fired drones toward Saudi Arabia and Kuwait on Tuesday, officials said, as tensions over the global oil supply ramp up. CBS News intelligence and national security reporter Olivia Gazis has the latest.
Ex-CIA officer on U.S. troops on the ground
CBS News contributor Elliott Ackerman, a former CIA officer and Marine Corps veteran, joins to discuss what U.S. ground troops in Iran might look like as President Trump weighs the option.
Ukraine offers to help take down Iran drones
Ukrainian President Volodymyr Zelenskyy offered assistance to the U.S. and Gulf Arab states to fight against Iranian drone strikes. CBS News reporter Aidan Stretch has more details.
Report: U.S. weighs special operation in Iran
The U.S. is considering a special operation in Iran to take control of the country's nuclear stockpile, Axios reports. CBS News contributor Elliot Ackerman, a former CIA officer and Marine Corps veteran, joins to discuss.
Iran launches new strikes on Gulf neighbors
Iran launched new strikes against its Persian Gulf neighbors Tuesday as the conflict with the U.S. and Israel continues. President Trump said Monday the war would end "very soon." CBS News' Natalie Brand and Ramy Inocencio have the latest.
Hegseth vows most intense strikes on Iran
Secretary of Defense Pete Hegseth and Chairman of the Joint Chiefs of Staff Dan Caine held a Pentagon briefing on Tuesday. Hegseth said Tuesday would be the "most intense day of strikes" against Iran to date, while Caine said U.S. and Israeli attacks reduced Iran's missile launches by 90%. Vladimir Duthiers anchors a Special Report.
Iran launches new strikes on Gulf states
Iran has threatened to shut down Persian Gulf shipping lanes. It comes as it steps up strikes on Gulf states and Israel, with Qatar saying it intercepted 17 Iranian ballistic missile attacks on Monday alone. President Trump said the U.S. has decimated Iran's missile capacity. Matt Gutman has the latest.
Markets plunge amid oil supply fear
Stock markets plunged on Monday as the price of oil hit more than $100 per barrel for the first time since July 2022. Noam Raydan, a senior fellow at the Washington Institute for Near East Policy, joins with more.
U.S. weigh use of special forces, report says
Marc Caputo, who covers the White House for Axios, joins CBS News 24/7 to discuss his report on the U.S. weighing the use of special forces in Iran to destroy its stockpiles, and more details on the U.S. possibly being at odds with Israel over its strikes on Iran's fuel depots.
Oil prices hit four-year high
Oil prices have soared as the war against Iran continues on its 10th day, hitting $100 per barrel for the first time since July 2022. Kristin Myers, the ETF editor-in-chief for Asset TV, breaks down the economic impact. Salvatore R. Mercogliano, an adjunct professor at U.S. Merchant Marine Academy, breaks down where things stand with the Strait of Hormuz.
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