Iran war pushes oil prices to 4-year high as Hegseth faces lawmakers
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.
Watch CBS News
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.
Brent crude surged past $126 a barrel early Thursday, while U.S. gasoline prices jumped to $4.30 a gallon.
Iranian Foreign Minister Abbas Araghchi returned to Islamabad on Sunday, where he participated in talks focused on ending the war with the U.S., Iranian state media reported.
Following a second round of peace talks in Washington, President Trump announced that the Israel-Lebanon ceasefire had been extended by three weeks.
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
Despite start of military operations to intercept ships region, investors still expect U.S. and Iran to find an off-ramp.
Iran says Israel is violating the ceasefire deal President Trump announced, and Tehran appears to still have control over shipping in the Strait of Hormuz.
President Trump announced that the U.S. and Iran had agreed to a two-week ceasefire that was contingent on the reopening of the Strait of Hormuz.
Iranian Americans in North Texas say they fear for their relatives on the ground, saying the focus should stay on the people of Iran.
"This is a potentially huge market event like no other. It's a known unknown with a clock," one investment adviser said.
Gas prices in the U.S. could near a record high later this month if the Strait of Hormuz remains sealed, energy industry experts warn.
President Trump hailed the rescue of a U.S. airman who was missing almost two days inside Iran — and threatened to hit power plants if Iran doesn't reopen the Strait of Hormuz.
U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.
The average price of gas across the U.S. last reached $4 after Russia's invasion of Ukraine sent crude oil prices surging.
Energy markets remain volatile as President Trump threatens Iran with an invasion to seize its oil while also suggesting a deal could soon end the war.
It's unclear if the talks would be direct or indirect, and Washington and Tehran aren't commenting. This, as Iran warns the U.S. not to start ground operations.
Stocks suffered a fifth straight weekly loss as oil prices climbed and mixed signals on Iran raised fears about inflation and growth.
White House press secretary Karoline Leavitt says talks with Tehran are ongoing hours after Iran's state media said the regime rejected Trump administration proposals.
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
Trading in crude oil futures spiked only minutes before President Trump postponed an ultimatum on Iran, causing oil prices to drop and stocks to surge.
President Trump said several members of his administration were involved in talks with Iran about the ongoing war.
As Iran threatens to mine the entire Persian Gulf, President Trump said his deadline for the Strait of Hormuz to reopen is postponed amid negotiations with Tehran.
Crude oil prices also dropped after President Trump said the administration had held "good and productive" peace talks with Iran.
This cold front won't cool us down much, but it will drop our temperatures by a couple of degrees and slightly lower our humidity by Tuesday afternoon.
The three news organizations, which were banned from White House grounds by President Trump, are arguing that the ban is unconstitutional.
As President Trump touts a looming decision on his next move in the war, Tehran says any "new aggression" would be met with different weapons in new places.
Presley Gerber, the son of Cindy Crawford and Rande Gerber, has died at 27, a family spokesperson has confirmed.
Dak Prescott has broken Tony Romo's franchise record for touchdown passes with four in the Dallas Cowboys' 37-20 victory over the Washington Commanders.
This cold front won't cool us down much, but it will drop our temperatures by a couple of degrees and slightly lower our humidity by Tuesday afternoon.
The three news organizations, which were banned from White House grounds by President Trump, are arguing that the ban is unconstitutional.
As President Trump touts a looming decision on his next move in the war, Tehran says any "new aggression" would be met with different weapons in new places.
Presley Gerber, the son of Cindy Crawford and Rande Gerber, has died at 27, a family spokesperson has confirmed.
Dak Prescott has broken Tony Romo's franchise record for touchdown passes with four in the Dallas Cowboys' 37-20 victory over the Washington Commanders.
The situation, food banks warn, is getting worse.
Dallas nonprofit Hunger Busters has been under scrutiny since an I-Team investigation in January.
Nearly 300 railroad crossings used by school buses in Texas have a history of crashes.
Technology company SPAN wants to build thousands of tiny data centers and spread them across the country.
Critics of LifeWise say its business model puts too much of the burden on local communities.
The three news organizations, which were banned from White House grounds by President Trump, are arguing that the ban is unconstitutional.
As President Trump touts a looming decision on his next move in the war, Tehran says any "new aggression" would be met with different weapons in new places.
The Federal Reserve raised interest rates for the first time since 2023 on Wednesday, reversing course as the Iran war drives up global energy prices and fuels inflation.
President Trump said that he has agreed to convert plans for a massive triumphal arch into a "top grade Military Complex," equipped with snipers and drone storage.
In a Truth Social post, Mr. Trump called fears around artificial intelligence possibly becoming a superintelligence that could pose a threat to human existence a hoax.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
About 40 million Americans are on GLP-1 medications like Ozempic, Wegovy, Zepbound and Mounjaro.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
U.S. officials have confirmed cases of a parasitic illness tied to lettuce in three more states: Georgia, Tennessee and Texas.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Dallas County health officials said the possible exposure happened during the 2025-26 school year, and that testing is recommended for returning students in grades 10-12.
The Republican Midterm Convention starts Wednesday at the American Airlines Center.
After a 2024 merger with Cedar Flags the combined company moved its headquarters to North Carolina.
The project would include a new Dallas Stars arena, along with restaurants, shops and public spaces.
It's an annual Dallas tradition, but this year those pink Cadillacs are parking in Fort Worth.
A fairly new entertainment and food venue in Allen surprised a lot of people last week by suddenly shutting down.
Dak Prescott has broken Tony Romo's franchise record for touchdown passes with four in the Dallas Cowboys' 37-20 victory over the Washington Commanders.
The Cowboys are hoping for a comeback win for their home opener Sunday against the Washington Commanders.
Toronto leadoff hitter Brett Bateman reached base and scored three times as the Blue Jays beat AL West-leading Texas 7-2 to avoid a series sweep.
Olivia Miles broke Caitlin Clark's WNBA record for points by a rookie in a season in the Minnesota Lynx's game against the Connecticut Sun.
Texas had won four straight games to gain a share of the division lead, but dropped one game behind Houston.
Presley Gerber, the son of Cindy Crawford and Rande Gerber, has died at 27, a family spokesperson has confirmed.
Duncan Sheik died on Thursday night, his family said.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
The 78th Primetime Emmy Awards celebrated the best in television and streaming from the past year on Monday. See the full list of winners and nominees.
Performer Macklemore is being dropped from Ed Sheeran's Loop tour after making on-stage statements that some found controversial.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
