Middle East oil producers step up plans to bypass the Strait of Hormuz
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.
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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.
The U.S. struck Iran for a twelfth consecutive night. President Trump renewed threats to target Iranian infrastructure, and Secretary of State Marco Rubio said Iran will continue to pay a high price until negotiations continue. CBS News' Aaron Navarro has more.
President Trump on Wednesday said that for every Iranian drone or missile attack in the Strait of Hormuz, the U.S. will "bomb and destroy one bridge or power plant." Iran said if the U.S. hits civilian targets it will seek to halt all oil flow from the region. CBS News' Charlie D'Agata and Samantha Vinograd have the latest.
Despite U.S. assertions, the CEO of a maritime risk firm says "there is no guarantee of safe passage" through the Strait of Hormuz.
President Trump in a social media post threatened to attack Iran's infrastructure if the Iranian military shoots at ships in the Strait of Hormuz. CBS News' Natalie Brand and Charlie D'Agata have more.
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 U.S. launched another night of strikes on Iran after four U.S. soldiers were killed in Jordan and Iraq in recent days.
The U.S. launched an 11th consecutive night of strikes against Iran on Tuesday. CBS News' Weijia Jiang reports on Defense Secretary Pete Hegseth's earlier testimony about the Pentagon's request for additional funding. Then, Washington Post national security reporter Noah Robertson joins with analysis.
President Trump on Tuesday said the U.S. is not leaving Iran and intends to inflict still more aerial damage on targets, specifically a place called Pickaxe Mountain, but the war will soon run into genuine budget limits. CBS News' Charlie D'Agata and Weijia Jiang report. Then, Matthew Kroenig, nonresident senior fellow at the Atlantic Council, joins with analysis.
Senators on Tuesday grilled Defense Secretary Pete Hegseth and Chairman of the Joint Chiefs of Staff Dan Caine over the state of the war with Iran. CBS News congressional correspondent Caitlin Huey-Burns has the details.
As fighting with Iran ramps up, a gallon of regular gas is once again $4 on average, up 13 cents in one week, according to AAA. Severin Borenstein, professor at UC Berkeley's Haas School of Business, joins with analysis.
A 10th straight night of U.S. strikes on Iran is underway as President Trump vows Tehran will pay for the deaths of three American soldiers over the weekend. CBS News senior national security correspondent Charlie D'Agata reports. Then, global affairs analyst Jonathan Wachtel joins to discuss the state of the war.
The U.S. on Monday launched its 10th straight night of strikes on Iran, CENTCOM said. The news comes as the Pentagon confirms nearly 100 U.S. service members were hurt in Iranian airstrikes on multiple bases this month. CBS News' Charlie D'Agata and Aaron MacLean have the latest.
Gas prices crept back up amid increased tensions between the U.S. and Iran. Joe Ciolli, the executive editor of Business Insider, joins with more.
Two U.S. service members were killed earlier in Jordan and a third was missing in action, the U.S. Central Command said.
Iran said it would attack "all infrastructure in the region" if President Trump follows through on his threats to attack Iranian civilian infrastructure.
The U.S. on Thursday launched a new wave of strikes against Iran for the fifth day in a row. CBS News senior foreign correspondent Imtiaz Tyab reports.
H.R. McMaster, a CBS News contributor and President Trump's former national security adviser in his first term, joins CBS News 24/7 Mornings to discuss the current situation in the Strait of Hormuz as the U.S.-Iran feud ramps up.
The U.S. unleashed another night of strikes targeting multiple locations aimed at degrading Iran's ability to threaten commercial shipping in the Strait of Hormuz. CBS News' Courtney Kealy reports.
President Trump threatened to strike Iran's infrastructure "unless they come to the table and negotiate." This came after he walked back a plan to impose a charge on cargo ships passing through the Strait of Hormuz in favor of trade and investment deals with Gulf nations. Semafor Gulf editor Mohammed Sergie joins "CBS Mornings News" with more on the U.S. strategy in Iran.
As the U.S. restarts its Iran blockade and carries out more strikes, President Trump has called off a planned 20% fee on shipping through the Strait of Hormuz.
The U.S. hit Iran with heavy airstrikes for the fourth night in a row, aimed at preventing the regime's new attacks on oil and cargo ships. After President Trump floated the idea of the U.S. acting as a "guardian of the Hormuz Strait" on Monday, he reversed his decision. Ed O'Keefe has the details.
President Trump on Tuesday reversed his Monday proclamation about a 20% fee for cargo moving through the Strait of Hormuz. CBS News' Ed O'Keefe and Aaron MacLean report.
President Trump on Tuesday reversed course on his decision to impose a 20% toll on ships passing through the Strait of Hormuz and said the U.S. military doesn't need to have a presence in Iran. CBS News' senior White House and political correspondent Ed O'Keefe and Middle East contributor Courtney Kealy report.
President Trump says he changed his mind on a 20% fee he planned to impose on all cargo traversing the Strait of Hormuz. Mr. Trump commented on tensions with Iran as he met with Iraqi Prime Minister Ali al-Zaidi at the White House. CBS News' Aaron Navarro and Courtney Kealy have more.