U.S. oil producers could get $63 billion boost from high crude prices
Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.
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Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.
In an interview with "Face the Nation with Margaret Brennan," Rafael Grossi, director general of the International Atomic Energy Agency, said there had already been damage done to Iran's nuclear sites.
Fed Chairman Jerome Powell used the phrase "we don't know" at least 14 times during his press conference. Investors are nervous.
Director of National Intelligence Tulsi Gabbard faced another round of sharp questions about the Iran war from lawmakers on Thursday
Defense Secretary Pete Hegseth said the U.S. has struck more than 7,000 targets across Iran since the war began.
Satellite companies restrict access to images of the Middle East as the Iran war rages, with one citing concern data could be exploited "by adversarial actors."
An expert in modern warfare says Iran is highlighting NATO failures "to adapt to the drone threat," and Poland is using lessons from Ukraine to fix that.
Trump says the U.S. will destroy a vast Iranian gas field if Tehran retaliates for an Israeli strike on the facility by attacking Qatar's infrastructure.
Director of National Intelligence Tulsi Gabbard told senators that the Iranian regime "appears to be intact but largely degraded" by ongoing U.S. and Israeli strikes.
President Trump's director of the National Counterterrorism Center, Joe Kent, announced his immediate resignation Tuesday, citing the administration's decision to intervene in Iran.
Italian soldiers are patrolling Rome's ancient Jewish quarter and Belgian troops will help secure Jewish sites as an official warns the threat of antisemitic violence "is very real."
The Pentagon has prepared multiple options for President Trump as potential next steps in the Iran war.
Treasury chief Scott Bessent said Russia wouldn't benefit from an easing of oil sanctions to calm energy markets. But Russia is.
President Trump on Wednesday temporarily eased a century-old law that limits shippers from transporting energy products around the U.S.
"If the price of oil goes up, the price of everything goes up," said former U.S. Energy Secretary Ernest Moniz.
Israel says it killed Iran's top security official Ali Larijani, as America's European allies reject President Trump's demands for help in the Strait of Hormuz.
Ali Larijani was among the most senior leaders of the regime still alive in Iran after top leaders were killed at the start of the war.
President Trump said Tuesday that China is "fine" with a delay.
Despite Trump's repeated calls, the EU foreign policy chief says "nobody is ready to put their people in harm's way in the Strait of Hormuz."
Rising diesel prices could push up costs across the U.S. economy, as many goods move by diesel-powered trucks.
The Iran war could escalate further as President Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz.
In remarks ahead of a meeting with the Kennedy Center board of trustees, Mr. Trump provided an update on the ongoing conflict with Iran.
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
A fifth of seven members of the Iran women's soccer team who accepted refugee visas to stay in Australia has changed her mind, a sport official says.
The war, which shows no signs of ending soon, has disrupted oil exports from the region, driven fuel prices far higher worldwide and upended global air travel.
The Global Sumud Flotilla said 22 of its 58 vessels were "abducted," while the Israeli foreign ministry derided the convoy as a "condom flotilla."
The British government's terrorism prevention adviser describes anti-Jewish attacks as the "biggest national security emergency" since 2017.
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.
The sinking of the Coast Guard Cutter Tampa killed 131 people, making it the largest loss of life on any U.S. combat ship during the war.
The War Powers Resolution sets deadlines for the president to end hostilities without congressional approval.
Press freedom across the globe has fallen to its lowest level in a quarter of a century, Reporters Without Borders warned.
The U.S. government has charged the governor of Mexico's Sinaloa state and nine other current and former Mexican officials with drug trafficking and weapons offenses in a federal indictment.
President Trump said Wednesday he is considering reducing the number of U.S. forces in Germany, amid a spat with Germany's chancellor and the NATO alliance over Iran.
Ukraine has perfected demining techniques in the Black Sea over four years of war against Russia.
The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
Maine Gov. Janet Mills' exit from the race all but assures Graham Platner will get the Democratic nomination to take on Sen. Susan Collins.
Brent crude surged past $126 a barrel early Thursday, while U.S. gasoline prices jumped to $4.30 a gallon.
Orleans Parish Sheriff Susan Hutson was indicted on 30 felony counts after a probe into one of the largest jailbreaks in U.S. history, which occurred under her watch.
The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.
Brent crude surged past $126 a barrel early Thursday, while U.S. gasoline prices jumped to $4.30 a gallon.
Elon Musk alleges that OpenAI reneged on a promise to operate as a nonprofit dedicated to human progress.
Detroit automaker expects big financial boost from refund of tariffs struck down earlier this year by the Supreme Court.
Spirit Airlines only has enough available cash to continue operations for a matter of days, not weeks, and talks for a government-backed rescue of the no-frills carrier have stalled, sources say.
Maine Gov. Janet Mills' exit from the race all but assures Graham Platner will get the Democratic nomination to take on Sen. Susan Collins.
The War Powers Resolution sets deadlines for the president to end hostilities without congressional approval.
The Coast Guard will run out of funding to pay personnel on May 1, with the first missed paychecks expected May 15.
The backlash was immediate after the Trump administration served notice that hospitals and nursing homes should limit sugary drinks and dietary supplements in favor of what HHS terms "real food."
The budget blueprint is the first step in Republicans' two-pronged plan to end the Department of Homeland Security shutdown.
The backlash was immediate after the Trump administration served notice that hospitals and nursing homes should limit sugary drinks and dietary supplements in favor of what HHS terms "real food."
A new approach to suicide prevention shifts the focus from stopping harm in moments of crisis to upstream policies that give people reasons to live.
A $50 billion federal fund is supposed to modernize rural healthcare. But community clinics and advocates fear that the contractors administering the money for states will bite off a big chunk before it reaches patients.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
The Global Sumud Flotilla said 22 of its 58 vessels were "abducted," while the Israeli foreign ministry derided the convoy as a "condom flotilla."
The British government's terrorism prevention adviser describes anti-Jewish attacks as the "biggest national security emergency" since 2017.
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.
The sinking of the Coast Guard Cutter Tampa killed 131 people, making it the largest loss of life on any U.S. combat ship during the war.
The War Powers Resolution sets deadlines for the president to end hostilities without congressional approval.
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
Musician D4vd was in a Los Angeles court on Wednesday as prosecutors laid out a timeline and highlighted new details in their case against him in the murder of Celeste Rivas Hernandez. The singer has pleaded not guilty to the charges. Warning, the details in this story are disturbing.
As "NCIS" nears the highly-anticipated finale of season 23, it will also be star Wilmer Valderama's 200th episode on the show. He reflects on his time on the series and reveals the season finale will have "a lot of danger," adding, "we're setting a crazy tone for next season."
Constance Zimmer, who co-hosts the podcast "Talk 50 to Me," talks about reframing the conversation among women about aging. The podcast features interviews with women in their 50s, talking about the realities of midlife.
The FCC has ordered an early review of the broadcast licenses for eight local stations owned by ABC. The move comes after President Trump and first lady Melania Trump demanded ABC fire late-night host Jimmy Kimmel. Ed O'Keefe reports.
Four of the biggest tech companies reported earnings after the closing bell on Wednesday. Adam Levine, senior tech writer for Barron's, joins CBS News to discuss.
Elon Musk alleges that OpenAI reneged on a promise to operate as a nonprofit dedicated to human progress.
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.
Smartwatches can measure everything from heart rate to step count, but which features are most accurate and are worth using? Vanessa Hand Orellana, CNET's lead wearable tech reporter, joins CBS News to discuss.
Elon Musk testified for a second day on Wednesday in a trial that's pitting two tech titans against each other. Paresh Dave, senior writer at Wired, joins CBS News to discuss.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
Cole Allen apparently took a selfie while armed, minutes before the White House Correspondents' Dinner shooting in Washington, D.C., on Saturday night. CBS News' Katrina Kaufman and Sam Vinograd have more.
A memorandum filed in federal court on Wednesday includes details about Cole Allen's movements before his encounter with U.S. Secret Service officers at the White House Correspondents' Dinner on Saturday. CBS News' Anna Schecter reports.
Orleans Parish Sheriff Susan Hutson was indicted on 30 felony counts after a probe into one of the largest jailbreaks in U.S. history, which occurred under her watch.
The Justice Department released a photo allegedly showing the suspect in the White House Correspondents' Dinner shooting, roughly 30 minutes before he rushed past security at the event. CBS News' Sam Vinograd has more.
Prosecutors on Wednesday alleged singer D4vd killed Celeste Rivas Hernandez to silence her "before she ruined his music career." CBS News Los Angeles reporter Hunter Sowards has the latest.
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
A new pancreatic cancer treatment is showing good signs of longer life expectancies. Dr. Deirdre Cohen joins with more details.
Coast Guard Commandant Adm. Kevin Lunday says guardsmen are going into debt to follow orders amid a partial government shutdown that he says is putting the military branch in a critical position. CBS News' Nicole Sganga reports.
Two Jewish men were stabbed in London in what officials are calling a terrorist incident. CBS News' Inaya Folarin Iman reports.
Lawmakers are pressing Pentagon officials about the Iran war during hearings on Capitol Hill. CBS News' Nikole Killion reports.
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.