Shippers say Strait of Hormuz fee would open "dangerous Pandora's Box"
Industry insiders say "there is no legal basis" for Trump to impose a 20% fee on cargo transiting the Strait of Hormuz, something he now says he's decided not to do.
Strait of Hormuz
Trump on 20% Strait of Hormuz cargo fee
President Trump is reacting after walking back a plan to impose a 20% fee on cargo ships transiting the Strait of Hormuz. Mr. Trump said his reversal comes after several allies brokered trade deals with the U.S.
Trump drops 20% fee on cargo in strait
President Trump dropped his plan for a 20% toll on cargo passing through the Strait of Hormuz, saying he "decided to replace" the fee with investment deals with Gulf nations. CBS News' Aaron Navarro breaks down the latest details.
New inflation data from June
Recently released Labor Department data indicates inflation cooled more than expected in June due to falling gas prices following U.S. diplomatic efforts with Iran. CBS News' Kelly O'Grady has more.
More U.S. strikes slam Iran
The U.S. launched strikes in Iran for a third consecutive night, and tensions over traffic in the Strait of Hormuz grow. CBS News' Aaron Navarro and Aaron MacLean have more.
U.S. uses sea drones in combat for first time to attack Iranian port
The U.S. military shared video of what it said was its first use of sea drones in combat, to attack an Iranian submarine and ship maintenance facility.
Why gaining full control of Strait of Hormuz has proven so hard for U.S.
Restoring oil tanker traffic in the vital Middle East shipping corridor to prewar levels likely will require a much bigger armada of U.S. warships if not tens of thousands of American troops on Iranian soil, experts say.
Expert: Neither side controls Strait of Hormuz
Fighting between the U.S. and Iran over control of the Strait of Hormuz intensified Monday as both sides claimed possession, with President Trump reinstating his blockade on Iranian ships. Mona Yacoubian, director and senior adviser of the Middle East Program at the Center for Strategic and International Studies, joins CBS News to share her analysis.
Who is in control of the Strait of Hormuz?
The U.S. and Iran traded a new wave of attacks as both sides attempted to claim control over the Strait of Hormuz. President Trump said in a Truth Social post that the U.S. will act as "the guardian" of the strait. CBS News' national security analyst Aaron Maclean has more.
Strait of Hormuz conflict: Oil surges
Oil prices rose on Monday as the conflict between the U.S. and Iran intensified days after President Trump declared the countries' ceasefire agreement to be over. Iran claimed the Strait of Hormuz was closed as both sides exchanged more strikes over the weekend. Kristin Myers, ETF editor-in-chief at ASSET TV, joins CBS News to share her predictions.
Iran, U.S. fighting over Strait of Hormuz
Iran and the U.S. have both claimed control over the Strait of Hormuz after trading more strikes over the weekend and into Monday. CBS News' Courtney Kealy has the latest.
U.S., Iran trade more attacks
The U.S. and Iran traded more strikes as both sides have claimed control over of the Strait of Hormuz. CBS News' Courtney Kealy has the latest.
Trump orders new strikes "to hold Iranian forces accountable," CENTCOM says
U.S. forces conducted more rounds of strikes on Iran this week, one of which was in retaliation for an attack on a commercial ship in the Strait of Hormuz, the Pentagon said.
Trump vows revenge if Iran tries to kill him
President Trump threatened to "decimate and destroy" Iran if they try to assassinate him. This comes as the U.S. and Tehran continue negotiations. Here's what to know about where things stand.
Former CIA officer on the latest with Iran
Senior U.S. officials say Iran privately told mediators that it made a mistake in shooting at commercial ships in the Strait of Hormuz. The officials say Iran blamed the attacks on hardliners who are trying to undermine negotiations. Elliot Ackerman, a CBS News contributor and a former CIA officer, has more.
Iran admits to Trump advisers "they made a mistake" in shooting at ships in strait
The White House wants Iran to publicly acknowledge that shooting at the ships was a mistake.
7/10: The Takeout with Major Garrett
President Trump says U.S. continuing Iran talks, but ceasefire is "over"; Graham Platner officially withdraws from Maine Senate race.
White House blames escalations on Iran
The Trump administration said there is still a chance to get nuclear talks back on track with Iran, but only if Tehran publicly states that the Strait of Hormuz is open and that it will no longer shoot at ships. Nancy Cordes reports.
Iran says it "made a mistake" in shooting at ships
Iran told the Trump administration privately that it "made a mistake" in shooting at commercial ships in the Strait of Hormuz, senior U.S. officials said. The attack on three ships led to two days of intense strikes. CBS News political reporter Zak Hudak has more.
U.S., Iran halt fighting after 2 days of strikes
President Trump again said on Friday that the ceasefire with Iran is "over," but that the U.S. will continue negotiating. CBS News' Margaret Brennan and Elliot Ackerman have the latest.
Trump maintains ceasefire is over
President Trump said Friday that Iran has asked for peace talks to continue, but maintained that the ceasefire agreement is over. CBS News senior national security correspondent Charlie D'Agata reports on the details.
Iran and U.S. ramp up tit-for-tat strikes as Khamenei laid to rest
Iran's former Supreme Leader Ali Khamenei was buried amid an escalating exchange of fire on the 132nd day of the war.
Military breakdown of U.S.-Iran strikes
The U.S. and Iran exchanged their heaviest strikes this week since the signing of the fragile ceasefire just over three weeks ago. CBS News national security analyst Aaron MacLean has more.
U.S. and Iran escalate hostilities
The U.S. and Iran have begun the most intense fighting since President Trump struck a deal for talks three weeks ago. The U.S. hit around 90 targets in Iran overnight, and Iran responded with ballistic missiles and drones aimed at U.S. bases and military assets in the region. Nancy Cordes has more.
U.S. and Iran escalate exchange of strikes
The U.S. and Iran had significant escalations in fighting this week. The U.S. military launched more strikes on Thursday than at any other point since a fragile ceasefire was established between the two countries. CBS News senior national security correspondent Charlie D'Agata reports.
Hegseth to announce 20% cut to generals and admirals
Trump and major AI executives sign "morally binding" voluntary controls
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Transcript shows campus police interview with Jane Doe in Cornell rape case
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Iran says it's considering ceasefire counterproposal
FlyDubai passenger says co-pilot "tried to murder the pilot" and crash jet
U.S. military declares end of anti-ISIS Operation Inherent Resolve in Iraq
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Hawley unveils bill aimed at stopping Flock camera abuse
Treasury to auto-enroll up to 60 million children in Trump Accounts
