Trump administration struggles on gas prices
The White House has not said definitively when gas prices are expected to drop. CBS News' Ed O'Keefe has the latest.
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The White House has not said definitively when gas prices are expected to drop. CBS News' Ed O'Keefe has the latest.
The U.S. says it began guiding ships through the Strait of Hormuz under the Project Freedom initiative announced by President Trump. CBS News' Ramy Inocencio and Aaron Navarro have more.
President Trump said on Sunday the U.S. "will guide" trapped ships from countries not involved in the war with Iran through the Strait of Hormuz while maintaining the U.S. blockade on Iranian ports. It comes as the key waterway continues to impact gas prices in the U.S. with costs up 35 cents in just the past week.
President Trump announced the U.S. would "guide" ships not involved in the war with Iran out of the Strait of Hormuz. A U.S.-led task force says it has started the operation.
In an interview on April 23, Chevron CEO Mike Wirth told "Face the Nation with Margaret Brennan" that it's "very hard to predict" the Iran war's lasting impact on energy prices "because markets are dynamic. They can respond to things that we don't anticipate."
White House National Economic Council Director Kevin Hassett told "Face the Nation with Margaret Brennan" that although Spirit Airlines said rising fuel prices had contributed to its demise, "energy shocks don't have a big effect" on other airlines' business. But he acknowledged that "certainly, that will affect the profits for the airlines for a quarter or so."
President Trump compared the U.S. Navy to pirates, as it enforces the blockade of Iranian ports near the Strait of Hormuz. The U.S. also warned shipping companies that they could face penalties for paying tolls to Iran to safely pass through the critical waterway. Ramy Inocencio has more.
Saturday marked 61 days since the start of the war with Iran, and gas prices continue to soar. Olivia Gazis reports on how rising prices are causing new political issues for President Trump.
President Trump rejected Iran's latest proposal for a peace deal on Friday, saying he was "not satisfied." Meanwhile, gas prices have hit a four-year high, according to AAA.
Earnings reports for Exxon Mobil and Chevron showed a decrease in profits during the last fiscal quarter due to Iran war disruptions. Despite the loss on paper, both U.S. oil giants topped Wall Street expectations when it came to revenue for the three month period ending March 31. CBS News business contributor Javier David has more.
Over 50,000 U.S. military personnel remain deployed across the Middle East and a naval blockade is crippling the Iranian economy. But in a letter Friday, President Trump told lawmakers that "the hostilities that began" in late February "have terminated." Ed O'Keefe has more.
President Trump told Congress in a letter on Friday that "hostilities" with Iran have "terminated." Friday marks the 60-day deadline for the president to carry out military actions without congressional approval. CBS News national security analyst Aaron MacLean joins to discuss.
Oil prices hit a 4-year high as Axios reports Trump will hear new options to try to break the Strait of Hormuz standoff with Iran with a new wave of attacks.
President Trump said again on Thursday that oil and gas prices will drop after the war with Iran is over. But for now, they are back to levels last seen around the start of the war in Ukraine during the Biden administration. Jo Ling Kent reports from Los Angeles.
The ceasefire with Iran is holding, but negotiations are stalled. The ripple effects: tight energy supplies, price spikes and recession risks. Edward Fishman, former Russian and Europe sanctions lead at the State Department, joins with analysis.
Trump signs bill funding Department of Homeland Security, ending 76-day shutdown; Louisiana postpones House primaries after Supreme Court ruling.
Oil surged overnight Wednesday into Thursday to $126 a barrel, before eventually falling. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump appears defiant on the Iran war as Ayatollah Mojtaba Khamenei speaks out. CBS News' Nancy Cordes and retired U.S. Navy Adm. Robert Murrett join with more.
President Trump still has faith in the U.S. blockade near the Strait of Hormuz despite tensions in the region impacting global oil and gas prices. CBS News' Taurean Small and Ramy Inocencio report.
President Trump says Iran's economy is on the brink of collapse as a stalemate plays out in the Strait of Hormuz, driving global oil and gas prices up. CBS News' Nancy Cordes reports.
Secretary of Defense Pete Hegseth is facing lawmakers on Capitol Hill who have questions about the U.S.-Israeli war in Iran. This comes as global oil prices have skyrocketed amid a prolonged stalemate at the Strait of Hormuz. CBS News' Taurean Small and Ramy Inocencio report.
The USS Gerald R. Ford aircraft carrier is expected to leave the Middle East in the coming days, a U.S. official confirmed to CBS News.
Ukraine has perfected demining techniques in the Black Sea over four years of war against Russia.
Iran and the U.S. are still at odds over Tehran's grip on the Strait of Hormuz and the American blockade of Iranian ports. CBS News' Charlie D'Agata reports.
President Trump renewed his threats against Iran and claimed it's in a state of collapse. CBS News' Ramy Inocencio reports.
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
A U.S. Air Force Boeing C-17A Globemaster III transport plane was spotted at a Moscow airport, along with a U.S. diplomatic motorcade, according to public reports.
Sen. Darline Graham won the GOP Senate runoff in South Carolina on Tuesday night, CBS News projects, defeating Rep. Ralph Norman in the special primary to replace Graham's late brother, Sen. Lindsey Graham, on the ballot.
The Trump administration said it may need to demolish the Kennedy Center if a plan to close the building for two years as part of a controversial renovation project pushed by President Trump and the organization's board is blocked.
Iran's economy minister said the country has been preparing for a long time for the sanctions U.S. Treasury Secretary Scott Bessent described as the "greatest financial offensive" ever.
As a U.S.-Canada trade war sparks cross-border insults, Ontario Premier Doug Ford told CBS News he's hopeful the two sides can reach an agreement — but cautioned that "no deal is better than a bad deal."
The Secret Service's chief of communications and two other staffers have been placed on leave pending an investigation into "potential misconduct," U.S. officials told CBS News.
Dallas judge has delayed a custody decision, extending a temporary restraining order another two weeks as the legal fight over custody of a baby with a rare heart defect born to a surrogate continues.
U.S. Marshals say 22-year-old Zymire Hughes was arrested Tuesday night in Las Vegas, Nevada.
Glenn Pysher was trying to find his friends when he accidentally knocked on the door of the wrong house. The homeowners called 911 to report an attempted break-in.
U.S. Marshals say 22-year-old Zymire Hughes was arrested Tuesday night in Las Vegas, Nevada.
Dallas judge has delayed a custody decision, extending a temporary restraining order another two weeks as the legal fight over custody of a baby with a rare heart defect born to a surrogate continues.
Josh Smith had a tense relationship with BOP's employees, and some staffers had raised questions about contracts awarded during his year-long tenure.
As a U.S.-Canada trade war sparks cross-border insults, Ontario Premier Doug Ford told CBS News he's hopeful the two sides can reach an agreement — but cautioned that "no deal is better than a bad deal."
As a U.S.-Canada trade war sparks cross-border insults, Ontario Premier Doug Ford told CBS News he's hopeful the two sides can reach an agreement — but cautioned that "no deal is better than a bad deal."
Here's what travelers think about shared armrests, reclined seats and fellow passengers' use of tech on planes.
Elon Musk's space company plans to spend $100 billion to build a new spaceport in Louisiana to launch rockets, state officials and the company announced.
Banning people from using food stamps to buy sugary drinks helps lower consumption, proponents say. Are such restrictions a good idea?
Canadian government officials said they are also providing aid for workers and businesses that could be hurt by U.S.-imposed tariffs.
The Secret Service's chief of communications and two other staffers have been placed on leave pending an investigation into "potential misconduct," U.S. officials told CBS News.
Sen. Darline Graham won the GOP Senate runoff in South Carolina on Tuesday night, CBS News projects, defeating Rep. Ralph Norman in the special primary to replace Graham's late brother, Sen. Lindsey Graham, on the ballot.
Everton Blair Jr. will serve out the remaining few months of the late Rep. David Scott's final term, the Associated Press projects.
Josh Smith had a tense relationship with BOP's employees, and some staffers had raised questions about contracts awarded during his year-long tenure.
As a U.S.-Canada trade war sparks cross-border insults, Ontario Premier Doug Ford told CBS News he's hopeful the two sides can reach an agreement — but cautioned that "no deal is better than a bad deal."
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
The rate is much higher than is seen in the general population. CTE is a brain disease linked to repeated blows to the head.
The agreements, covering issues like drug pricing, reducing the use of synthetic food dyes, and cutting back on insurance prior authorization rules, were announced with fanfare and touted as victories.
Lillian Smart, 8, has died after being infected by an extremely rare brain-eating amoeba that is found in warm freshwater, her family said.
Researchers and disability rights advocates warn that the dismantling of the Education Department and its erosions of civil rights oversight risk widening the disparities autistic children face.
A fire at a nursery in a major government hospital in Pakistan's capital killed at least 14 newborns, hospital officials and the government said.
In June 1948, Israeli forces opened fire and sank the boat in waters off Tel Aviv on the orders of David Ben Gurion, Israel's first prime minister.
Since being built in the 1850s, Mentmore Towers has been featured in "Batman Begins" and other movies, but has fallen into disrepair.
Analysts say without meaningful sanctions against China, Iran will likely survive this latest round of financial punishment.
Former senior Russian diplomat says U.K. factories making drones for Ukraine "could be attacked - not by Russia, but from unknown sources."
Country singer Ashley McBryde joins CBS News after Dolly Parton's death at 80 to discuss her impact on music and the Nashville country scene.
Grammy-award winning artist Cher spoke about Dolly Parton after the country legend's death at 80 Tuesday. Cher told CBS News about their first meeting and what she loved about Parton. She said she'll miss Parton's laugh the most.
"CBS Evening News" pays tribute to the life and legacy of Dolly Parton. She died at 80 after a brief battle with cancer, her team announced on Tuesday.
Dolly Parton, who died Tuesday at age 80, leaves behind much more than a musical legacy. A generous philanthropist, she gave millions to a variety of causes, including education and children's literacy. Dollywood Foundation President Jeff Conyers joins CBS News to discuss the organization's Imagination Library program.
From May 2016, Dolly Parton speaks with Gayle King about her road to country music fame, Whitney Houston's cover of "I Will Always Love You," her marriage and more.
A plant in Southaven, Mississippi, that powers Elon Musk's SpaceXAI data centers in the area has sparked backlash from residents concerned about noise and air pollution.
In Southaven, Mississippi, some residents are pushing back on SpaceXAI's expanding footprint in the region.
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.
China's World Humanoid Robot Games is a technological showcase, but also a possible glimpse into the future of robotics. Anna Coren reports.
The World Humanoid Robot Games are underway in Beijing, China, in a stadium repurposed from the 2022 Winter Olympics. Many of the machines on display can now outrun and out-jump even the best real-life Olympians. Anna Coren has the story.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
U.S. Marshals say 22-year-old Zymire Hughes was arrested Tuesday night in Las Vegas, Nevada.
A Texas judge is hearing arguments on who has the legal right to make medical decisions on behalf of a baby with a heart defect who was carried to term by a surrogate against the biological parents' wishes. Harry Nelson, a healthcare attorney, joins "The Daily Report" to discuss.
The parents of a 22-year-old college student who was fatally shot by police after knocking on the wrong door spoke out on Tuesday. Tom Hanson has more details.
Forensic psychologist Dr. Kirk Heilbrun took the stand in Lindsay Clancy's trial for the killings of her three children on Tuesday, testifying that he felt Clancy was criminally liable despite claims of postpartum psychosis. CBS News' Shanelle Kaul has the details.
Two more witnesses testified in the Lindsay Clancy trial on Tuesday. Clancy, who has admitted to killing her children, has pleaded not guilty, arguing she had postpartum psychosis. CBS News correspondent Shanelle Kaul reports.
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.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
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, 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.
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.
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.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Country singer Ashley McBryde joins CBS News after Dolly Parton's death at 80 to discuss her impact on music and the Nashville country scene.
Grammy-award winning artist Cher spoke about Dolly Parton after the country legend's death at 80 Tuesday. Cher told CBS News about their first meeting and what she loved about Parton. She said she'll miss Parton's laugh the most.
Jon Batiste performed a musical tribute to the late country music superstar Dolly Parton, who died Tuesday at age 80 after a brief battle with cancer.
When 60 Minutes' Morley Safer spoke to Dolly Parton back in 2009, she showed off memorabilia from "9 to 5" along with dresses covered in rhinestones. "I used to be tall until I started wearing them," she joked.
Sen. Darline Graham, the late Lindsey Graham's sister, won the Republican Senate primary runoff in South Carolina on Tuesday night, CBS News projects. Jessi Mitchell anchors a special report.