Strait of Hormuz disruption threatens to shake global economy
The strategic shipping lane carries a fifth of the world's oil. Analysts warn prolonged disruption could send fuel prices soaring and trigger a global economic slowdown.
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The strategic shipping lane carries a fifth of the world's oil. Analysts warn prolonged disruption could send fuel prices soaring and trigger a global economic slowdown.
Iranian attacks on ships in the Strait of Hormuz threaten to drive U.S. gas prices to record highs. The attacks could also have a cascading effect on other prices.
In an exclusive interview with CBS News Saturday, Federal Communications Chair Brendan Carr doubled down on his warning that broadcast licenses could be revoked amid President Trump's criticisms of media coverage of the war in Iran.
Six U.S. service members who were killed in a military refueling aircraft crash over Iraq last week have been identified as members of the Ohio Air National Guard and Florida-based crew members.
Since the start of the Iran war, 13 American service members have been killed.
The U.S. military has confirmed that all six crew members were killed when an American KC-135 refueling plane taking part in the Iran war crashed in western Iraq.
The State Department is seeking information on Iran's new supreme leader and nine other "key leaders" in the Islamic Revolutionary Guard Corps.
An aerial refueling tanker crashed in Western Iraq, U.S. officials said.
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.
President Trump ordered the release of 172 million barrels of oil from the U.S.'s Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years amid the U.S.'s war with Iran.
FBI memo warning that Iran may try to launch drones at California in a seaborne "surprise attack" raised concern Wednesday — but officials tell CBS News there is no known, specific threat underpinning it.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
President Trump says the Iran war will end "very soon," but Tehran says it's "prepared to continue attacking" indefinitely, and it won't let oil leave the Gulf.
Iran's women's soccer team was branded "traitors" after declining to sing their national anthem at the Asian Cup in Australia, fueling fear for the women if they returned home.
Iran is using smaller crafts to lay mines in the Strait of Hormuz, two U.S. officials said.
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far.
Defense Secretary Pete Hegseth vowed that Tuesday would be the "most intense day of strikes" against Iran, one day after President Trump told CBS News that the war was "very complete, pretty much." Democratic Rep. Gabe Amo of Rhode Island, vice ranking member of the House Foreign Affairs Committee, joins "The Takeout" to discuss.
President Trump's assurances that a rising U.S. death toll and soaring energy prices will be temporary and worth the pain are failing to assuage jittery investors.
Iranian officials say about 170 people were killed in the strike. The Pentagon is investigating.
Mojtaba Khamenei was named Iran's new supreme leader following the death of his father in the U.S.-Israeli strikes.
The preliminary U.S. intelligence assessment suggests that the U.S. is "likely" responsible for the bombing of the girls' school in Iran on Feb. 28.
Mojtaba Hosseini Khamenei served in the Iran-Iraq war in the 1980s where he developed close ties with the military services and with the Islamic Revolutionary Guard Corps.
Secretary Pete Hegseth says it's President Trump who will set the terms of Iran's surrender, noting the U.S. is confident it will come, even as Iran's president said the U.S. demand for "unconditional surrender" is "a dream that they should take to their grave."
President Trump says the U.S. has diminished Iran's military and regime and will continue to expand its targets inside Iran.
In a phone interview with CBS News, President Trump dismissed threats from Iran's top national-security official, who posted on social media that Mr. Trump must "pay the price" for the strikes on Iran.
