China bracing for energy disruptions due to Iran war – CBS News Watch CBS News China’s leadership is preparing for the impact of the war in Iran, including a severe disruption to its energy supplies. Anna Coren reports. Source link
This week, 60 Minutes reported on the Havana Syndrome, the mysterious constellation of injuries – like cognitive difficulties, vision impairment, and issues with balance – that have befallen high-ranking officials in the United States government while they were serving in the U.S. and abroad. For nine years, producers Oriana Zill de Granados and Michael Rey … Read more
Energy Secretary Chris Wright told “Face the Nation with Margaret Brennan” that he believes that oil and gas prices “shouldn’t go much higher than they are here because the world is very well supplied with oil,” adding that the conflict in the Middle East is “not a long-term war.” Source link
Washington — Energy Secretary Chris Wright said Sunday that elevated energy prices amid the escalating war with Iran will be “temporary,” stressing he believes gas prices “shouldn’t go much higher.” “We have a temporary period of elevated energy prices, but it will not be long,” Wright said on “Face the Nation with Margaret Brennan.” Concerns … Read more
The following is the transcript of the interview with Energy Secretary Chris Wright that aired on “Face the Nation with Margaret Brennan” on March 8, 2026. MARGARET BRENNAN: We turn now to Energy Secretary Chris Wright, who joins us this morning from Denver. Good morning to you. SECRETARY OF ENERGY CHRIS WRIGHT: Thanks for having … Read more
President Trump spoke to the Qatari emir, who emphasized to the president the “need for diplomacy to de-escalate the situation.” The question now is whether the Trump administration can keep global energy moving while this war continues. Imtiaz Tyab reports from Doha. Source link
The war with Iran is quickly becoming an economic problem for the United States — and a policy dilemma for the Federal Reserve. Rising oil prices, shipping disruptions in the Middle East and fresh signs of weakness in the U.S. labor market are creating a complicated backdrop just as inflation had begun to show some … Read more
The issue does not need to be resolved by passing new laws but by enforcing an existing one. Source link
FRANKFURT, Germany — FRANKFURT, Germany (AP) — The Iran war’s disruption of Middle East oil and gas supplies and soaring prices are strengthening Russia’s ability to profit from its energy exports, a pillar of the Kremlin’s budget and a key to paying for its own war in Ukraine. Prices for Russia’s oil exports have risen … Read more
How Iran’s threats against ships in Strait of Hormuz endanger global commerce, energy supplies – CBS News Watch CBS News Iran’s threats to set ships ablaze have caused traffic through the Strait of Hormuz slow to a crawl after two of the world’s largest shipping companies said they’re suspending travel through the waterway. Here’s why … Read more