Trump and Iran trade conflicting messages over prospect of talks
Iran balked at President Trump's demands for a peace deal amid a standoff over the Strait of Hormuz, as fear the war could reignite hits oil and energy markets.
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Iran balked at President Trump's demands for a peace deal amid a standoff over the Strait of Hormuz, as fear the war could reignite hits oil and energy markets.
President Trump says he sent a U.S. delegation to Pakistan for another round of peace talks with Iran Monday but Tehran says it doesn't plan to participate.
President Trump accused Iran of blackmailing the U.S. on Saturday, but there is some relief for Americans. Gas prices fell, averaging just over $4 a gallon nationwide. Olivia Rinaldi reports from the White House on the war's ripple effects.
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
With word of the Strait of Hormuz reopening, the stock market soared on Friday. Oil prices dropped about 10%, and as a result, gas prices ticked downward. Kelly O'Grady breaks it all down.
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
Americans are grappling with rising prices that are already being driven by inflation. This comes as the war in Iran continues to affect oil and gas costs. CBS News' Lana Zak reports.
Since the war in Iran began, the cost of jet fuel has doubled due to shortages. Now, the head of the International Energy Agency says Europe has "maybe six weeks or so" of jet fuel left if disruptions in the Strait of Hormuz continue. Airlines around the world are now canceling flights and increasing fares and fees. Kris Van Cleave explains.
Jet fuel prices have nearly doubled as the Middle East conflict continues. CBS News' Kris Van Cleave reports.
The leaders of Lebanon and Israel agreed to start a 10-day truce at 5 p.m. Eastern Time Thursday.
After weeks of enduring high gas prices, drivers appear to be seeing some relief at the pump. Patrick De Haan, the head of petroleum analysis for GasBuddy, joins "The Daily Report" with more.
President Trump went to Las Vegas on Thursday to try to change the subject from war to the economy, downplaying rising gas prices. Caitlin Huey-Burns reports.
When it comes to increased costs, the conflict with Iran appears to be affecting many aspects of American life, from transportation to food production. CBS News senior business and tech correspondent Jo Ling Kent reports.
Investors appear to be looking beyond current fears linked to the Iran war. CBS News' Jill Schlesinger reports.
China's interests are being impacted by Iran's actions at the Strait of Hormuz. CBS News' Aaron MacLean explains.
Iran's Fars News Agency says a supertanker sailed through international waters and the Strait of Hormuz with its tracking system switched on, "without any concealment."
Lilia Luciano traveled to Chevron's largest oil refinery on the Mississippi coast and spoke to Andy Walz, a president of the company, about what people at home can do to avoid high gas prices.
The U.S. blockade on Iranian ports along the Strait of Hormuz has entered day two with no end in sight. CBS News Pentagon reporter Eleanor Watson has more.
Venezuelan oil shipped to the U.S. is providing relief from higher prices caused by the Iran war, according to a senior Chevron executive.
The International Monetary Fund is warning about the risks of a global recession in its World Economic Outlook report as the U.S.-Israeli war with Iran impacts oil prices. CBS News business contributor Javier David has more.
Andy Walz, Chevron's president of downstream, midstream and chemicals, told CBS News' Lilia Luciano that the energy giant is bringing in Venezuelan crude oil to help lower costs driven up by the Iran war.
Despite start of military operations to intercept ships region, investors still expect U.S. and Iran to find an off-ramp.
Tensions between the U.S. and Iran remain strained as President Trump said the U.S. military would blockade the Strait of Hormuz. CBS News contributor Elliot Ackerman, a former CIA officer and Marine Corps veteran, joins with more.
President Trump says the U.S. military will blockade Iranian ports in the Strait of Hormuz on Monday. CBS News' Elizabeth Palmer has more.
Gas prices put pressure on pocketbooks — and President Trump's ratings — as Iran war continues.
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President Trump said "there won't be anything left of them" if Iranian leaders do not "get moving, FAST."
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
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Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
Rescuers airlifted an injured hiker who fell about 50 feet from the summit of Washington state's Mount Si on Saturday.
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On this "Face the Nation with Margaret Brennan" broadcast, U.S. Trade Representative Jamieson Greer and Ambassador Alexander Yui, Taiwan's Representative to the U.S., join Margaret Brennan.
Rescuers airlifted an injured hiker who fell about 50 feet from the summit of Washington state's Mount Si on Saturday.
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Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
No injuries have been reported because of the issue, the Food and Drug Administration said.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
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On this "Face the Nation with Margaret Brennan" broadcast, U.S. Trade Representative Jamieson Greer and Ambassador Alexander Yui, Taiwan's Representative to the U.S., join Margaret Brennan.
The Senate's rulemaker delivered a blow to GOP plans to fund security for President Trump's overhaul of the East Wing of the White House.
The following is the transcript of the interview with Reps. Brian Fitzpatrick, Republican of Pennsylvania, and Tom Suozzi, Democrat of New York, that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
The following is the transcript of the interview with Ambassador Alexander Yui, Taiwan's representative to the U.S., that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Outbreaks of the deadly Ebola virus in two African countries have prompted the World Health Organization to declare a global health emergency. Imtiaz Tyab reports.
The World Health Organization this week declared the Ebola outbreak in Congo and Uganda a "public health emergency of international concern."
Genomic analysis showed the virus found aboard the MV Hondius shows no evidence of new characteristics so far.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Tommy Bell thought he was in good shape. But a series of heart attacks painted a more complicated picture.
The World Health Organization this week declared the Ebola outbreak in Congo and Uganda a "public health emergency of international concern."
The following is the transcript of the interview with Reps. Brian Fitzpatrick, Republican of Pennsylvania, and Tom Suozzi, Democrat of New York, that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
The following is the transcript of the interview with Ambassador Alexander Yui, Taiwan's representative to the U.S., that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
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