President Trump said Monday an agreement with Iran could come quickly, but at the same time, he feels “no pressure” to strike a deal. CBS News national security analyst Aaron MacLean joins to discuss the state of play in the Strait of Hormuz. Source link
Iran balks at 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. Source link
Oil prices climbed more than 5% while world shares were mixed Monday as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz. The Persian Gulf waterway was closed again after Iran reversed a decision to reopen the strait and President Donald Trump said a U.S. Navy blockade of Iranian … Read more
The fragile ceasefire between the U.S. and Iran is set to expire this week, with both countries accusing the other of violations over the weekend. More American troops are on their way to the region. Charlie D’Agata reports. Source link
The price of oil jumped sharply and stock futures tumbled Sunday evening as traders digested renewed tensions between the U.S. and Iran over the critical Strait of Hormuz. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. U.S. crude oil jumped more than 7%, to about $90 per barrel, … Read more
Iran’s navy shut down the Strait of Hormuz just one day after declaring it open. Tehran is vowing the shutdown will continue until the U.S. blockade is lifted – another hurdle for continuing peace talks. Correspondent Charlie D’Agata reports from Tel Aviv, where a temporary truce between Israel and Lebanon has brought some calm for … Read more
Progress has been made towards a peace deal with some issues “concluded,” Iranian Parliamentary Speaker Mohammad-Bagher Ghalibaf said, but he warned Iran still has a “complete distrust” of the U.S. negotiators. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Speaking on state TV on Saturday night, Ghalibaf, who … Read more
For seven weeks, Iran effectively weaponized the Strait of Hormuz. Imtiaz Tyab, who visited the contested waterway this week, reports on the status. Source link
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Iran says it has closed the Strait of Hormuz again, citing U.S. blockade – CBS News Watch CBS News Iran said on Saturday that it closed the Strait of Hormuz again amid the ongoing U.S. blockade of its ports in the waterway. President Trump said Friday that the waterway was “completely open.” Source link