Iranian oil exports up about 30% month over month
CBS News has learned that despite the U.S.-Israeli war, for the first nine days of March, Iran exported about 30% more oil than in the first nine days of February. Matt Gutman has more.
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CBS News has learned that despite the U.S.-Israeli war, for the first nine days of March, Iran exported about 30% more oil than in the first nine days of February. Matt Gutman has more.
Whether the Iran war-linked leap in the price of gas will give a shot in the arm to EV sales will depend on a variety of factors, experts say, so the answer isn't clear-cut.
President Trump is working to quell fears about the war with Iran might affect the economy, predicting that increased oil prices will soon be coming down. Nancy Cordes has details.
The Strait of Hormuz sees roughly 20% of the world's oil flow through it, and tankers are stalled on both sides of the narrow chokepoint amid suspected Iranian drone attacks, rattling oil markets. Mike Sommers, president and CEO of the American Petroleum Institute, joins "The Takeout" with analysis.
Rep. Adam Smith of Washington state, the ranking Democrat on the House Armed Services Committee, opposes the war in Iran and wants Congress to be much more involved in policymaking. Smith joins "The Takeout" with his perspective.
Suspected Iranian drones hit at least three ships in and around the Strait of Hormuz overnight as fighting in the vital shipping lane escalates. CBS News chief correspondent Matt Gutman reports from Tel Aviv, Israel.
The International Energy Agency agreed Wednesday to release 400 million barrels of oil from its strategic reserves to alleviate the shortage caused by the Strait of Hormuz shutdown. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
The war with Iran continues to impact energy prices globally with Americans seeing another rise on prices at the pump. Patrick De Haan, head of petroleum analysis for Gas Buddy, joins CBS News to discuss.
President Trump's energy secretary says the U.S. could tap into its oil reserves to level soaring gas prices for Americans as the Iran war continues. CBS News' Kati Weis has the latest.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
With oil exports through the Strait of Hormuz halted, the International Energy Agency is meeting with G7 countries about whether they should tap their strategic petroleum reserves. CBS News reporter Kati Weis is following the debate.
Tuesday marks the 11th day of the U.S.-Israeli war with Iran. Suzanne Maloney, vice president and director of foreign policy at the Brookings Institution, joins "The Takeout" with analysis on the state of the conflict.
The Persian Gulf states are facing more attacks from Iran amid its war with the U.S. and Israel. CBS News chief correspondent Matt Gutman has more from Tel Aviv.
The pressure to reopen the Strait of Hormuz is intensifying, along with the rhetoric around it from the U.S. and Iran. Matt Smith, an analyst at the data firm Kpler, joins to discuss.
Approximately 140 U.S. service members have been wounded in the first 10 days of the war with Iran, the Pentagon said Tuesday. When asked to confirm, White House Press Secretary Karoline Leavitt said the number was "within that ballpark." CBS News' Olivia Rinaldi reports.
Oil prices surged Monday to more than $119 per barrel but dropped by more than 10% on Tuesday. Meanwhile, world leaders are eyeing oil reserves as the Iran war continues to disrupt traffic through the Strait of Hormuz. Robert Schroeder, the Washington bureau chief at MarketWatch, has more.
President Trump said he "knew oil prices would go up," but it's been less than he anticipated after oil prices hit more than $100 per barrel on Monday. CBS News' Kelly O'Grady has more.
As the war with Iran causes the price of oil to skyrocket, the CEO of United says that it could soon affect airline prices. Clint Henderson, managing editor for travel website The Points Guy, joins to discuss.
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
The reality of the war in Iran is showing up at gas stations nationwide. Jo Ling Kent spoke to consumers at the pump.
President Trump gave updates on the war in Iran on Monday, saying he was "disappointed" in the country's new choice of leadership, the former supreme leader's son, Mojtaba Khamenei. CBS News congressional correspondent Nikole Killion joins to discuss takeaways from the news conference. Then, Joe Zacks, former deputy assistant director for counterterrorism at the CIA, joins with analysis.
Gas prices rose 14% during the first week of the joint U.S.-Israel war with Iran, according to AAA. CBS News contributor J.D. Durkin joins from the New York Stock Exchange with analysis.
The average price of a gallon of gas in the U.S. is up 17% since the war with Iran began. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins with analysis.
The war in Iran is now in its 10th day. CBS News' Robert Costa and Weijia Jiang both spoke with President Trump about the state of the conflict and joined "The Takeout" to describe their conversations.
President Trump told CBS News' Weijia Jiang on Monday that the Iran war could be almost over and that he's eyeing control of the Strait of Hormuz. CBS News White House reporter Olivia Rinaldi has the details on the conversation.
Trump says he expects the U.S. war with Iran to end within several weeks despite unrelenting attacks from both sides and Iran's iron grip on the Strait of Hormuz.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
The Supreme Court on Wednesday appeared open to invalidating President Trump's executive order that would end birthright citizenship.
GOP leaders unveiled a plan to end DHS shutdown, mirroring a framework that the Senate pursued last week before it was quickly batted down by House Republicans.
The federal government may try to send 5-year-old Liam Conejo Ramos back to detention.
The COVID-19 variant BA.3.2, nicknamed "Cicada," has been detected in at least 23 countries and half the states in the U.S.
A coalition of major Democratic groups sued the Trump administration, seeking to strike down an executive order that would exert more federal influence over mail-in voting — including by creating lists of citizens who are eligible to vote.
The Noem policy meant the secretary was required to personally sign off on thousands of DHS contracts.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
Most people fall far short of the savings they say they will need to maintain their standard of living in retirement, data shows.
Bundy's full DNA profiled was entered into the FBI's national database, giving investigators a shot at solving potential cases linked to Bundy.
"The scary scenarios are, unfortunately, extremely plausible" if the critical Persian Gulf waterway stays effectively sealed, economist Paul Krugman said.
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
Most people fall far short of the savings they say they will need to maintain their standard of living in retirement, data shows.
"The scary scenarios are, unfortunately, extremely plausible" if the critical Persian Gulf waterway stays effectively sealed, economist Paul Krugman said.
The Texas-based company could go public with a valuation of more than $1.75 trillion, making it the largest IPO in history.
With oil prices rising and hiring already slowing, economists warn the Iran war could further weigh on U.S. job growth.
Hershey said Wednesday it will use classic recipes for all Reese's products starting next year, after getting criticism for changing the popular treats.
A coalition of major Democratic groups sued the Trump administration, seeking to strike down an executive order that would exert more federal influence over mail-in voting — including by creating lists of citizens who are eligible to vote.
The Trump administration has lifted sanctions on Venezuela's interim President Delcy Rodriguez, according to the Treasury Department, as the U.S. seeks to rebuild ties with the Venezuelan government.
The federal government may try to send 5-year-old Liam Conejo Ramos back to detention.
The State Department announced Wednesday that it is modifying the Foreign Service Officer Test to reflect the foreign policy goals of the Trump administration.
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
The COVID-19 variant BA.3.2, nicknamed "Cicada," has been detected in at least 23 countries and half the states in the U.S.
North Carolina and other states have insurance plans for kids in foster care, but many doctors did not accept patients on the plans, leaving kids' guardians scrambling to find health care providers.
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
Indonesia, a vast archipelago of more than 280 million people, sits on major seismic faults and is frequently hit by earthquakes.
The Trump administration has lifted sanctions on Venezuela's interim President Delcy Rodriguez, according to the Treasury Department, as the U.S. seeks to rebuild ties with the Venezuelan government.
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
President Trump says he's considering withdrawing the U.S. from NATO, following years of complaining about the alliance.
A video shows the moment when the M/V Bandero, operated by the Captain Paul Watson Foundation, steams toward the stern of the fishing vessel.
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Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Taylor Swift is being sued by Las Vegas performer Maren Wade who has accused the superstar of trademark infringement over her latest album, "The Life of a Showgirl." Wade is the creator of the "Confessions of a Showgirl" podcast, which started as a column in 2014.
Sharon Stone reflected on her legendary career as she discussed joining the cast of "Euphoria," working with the show's creator, Sam Levinson, and how she has advocated for women in the entertainment industry.
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
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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.
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
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Bundy's full DNA profiled was entered into the FBI's national database, giving investigators a shot at solving potential cases linked to Bundy.
A child was being pushed in a stroller at Moore and Humboldt streets in East Williamsburg on Wednesday when she suffered a gunshot wound to the head, police said.
James Farthing, who won the $167.3 million Powerball jackpot last April, was arrested for a third time since collecting his grand prize. CBS News' Shanelle Kaul has more.
The son of a Maui doctor testified that his father confessed to him over FaceTime to trying to kill his stepmother, Arielle Konig, on a hike last year. Prosecutors allege Gerhardt Konig tried to push his wife off a cliff, attempted to inject her with a syringe and hit her in the head with a rock.
Lawyers for Luigi Mangione, the man charged with the murder of UnitedHealthcare CEO Brian Thompson, are seeking to postpone his federal murder trial. CBS News' Lilia Luciano reports.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
NASA's Artemis II astronauts launched on a nine-and-a-half-day mission around the moon and back.
Forecasters continue to predict an 80% chance of favorable weather on Wednesday for the launch of four astronauts on a flight to the moon.
Countdown clocks began ticking Monday, setting the stage for launch of the Artemis II moon mission early Wednesday evening.
NASA's Artemis II astronauts — three space station veterans and a Canadian rookie — stand out even in an astronaut corps full of super achievers.
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Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
President Trump addressed the nation about the Iran war Wednesday night, saying that the U.S. would complete its mission there "very shortly." CBS News' Ed O'Keefe remarks on the president's remarks and J.D. Simkins, editor-in-chief of the Military Times and Defense News, joins with analysis.
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
President Trump addressed the nation Wednesday night about the Iran war. Tony Dokoupil anchored CBS News' special report.
President Trump sought to assure Americans that the conflict with Iran would be brief compared to other wars in U.S. history and insisted that gas prices would go down quickly. Nancy Cordes reports.