Oil prices jump as fighting flares in the Middle East

BANGKOK — Oil prices climbed early Tuesday as fighting intensified in the Middle East, while Asian shares declined, dragged lower by losses for artificial-intelligence stocks. The price of Brent crude climbed to just over $84 a barrel after soaring nearly 10% on Monday. U.S. benchmark crude was up 1.4% at $79.20 a barrel. Oil prices … Read more

Expert says neither side controls Strait of Hormuz as fighting intensifies between U.S. and Iran

Fighting between the U.S. and Iran over control of the Strait of Hormuz intensified Monday as both sides claimed possession, with President Trump reinstating his blockade on Iranian ships. Mona Yacoubian, director and senior adviser of the Middle East Program at the Center for Strategic and International Studies, joins CBS News to share her analysis. … Read more

Aircraft goes down in Colorado reservoir while fighting Gold Mountain Fire; 1 body recovered

Dive teams were called to Silver Jack Reservoir in western Colorado on Sunday after a firefighting aircraft went down in the water. The Gunnison County Sheriff’s Office hasn’t said if the aircraft was a plane or helicopter. The sheriff’s office said in a news release Sunday night that it appeared there was only one person … Read more

As gas plants rise to power AI, renewable energy allies are fighting for cleaner alternatives

HARRISBURG, Pa. — As the explosive energy demand of artificial intelligence spurs a renaissance for fossil fuels, renewable energy allies are trying to ensure that massive data centers will be powered by climate-friendly sources, too. Lawmakers in states with stronger climate policies don’t want data centers to hinder their goal of slashing planet-warming greenhouse gas … Read more

Why oil prices could go up faster than when Iran war first broke out if renewed fighting lasts long

Oil prices rose more than 7% to a two-week high after President Trump declared the Iran ceasefire over. Joseph Majkut, director of the Energy Security and Climate Change Program at the Center for Strategic and International Studies, joins with analysis. Source link

Democratic fighting escalates in Maine as Graham Platner stalls on making a decision

More than 48 hours after Graham Platner signaled he might drop out of the Maine Senate race after he faced a sexual assault allegation, he continues to hold off on announcing whether he’ll end his campaign. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Source link

Dow closes nearly 600 points down amid renewed U.S.-Iran fighting

Dow closes nearly 600 points down amid renewed U.S.-Iran fighting – CBS News Watch CBS News The Dow Jones tumbled on Wednesday, closing down nearly 600 points as oil prices rose after President Trump declared the ceasefire with Iran “over.” MarketWatch Washington bureau chief Rob Schroeder joins to discuss. Source link