Global energy prices remain elevated after Iran’s new Supreme Leader vowed to keep the Strait of Hormuz closed in a statement released Thursday. Laura Sanicola, senior writer for Barron’s, joins “The Daily Report” to discuss. Source link
The logistics of a potential U.S. military plan to open the Strait of Hormuz – CBS News Watch CBS News CBS News national security analyst Aaron MacLean walks through the potential options for a U.S. military mission to reopen the Strait of Hormuz. Source link
Before the U.S. and Israel attacked Iran on February 28, an average of 100 vessels per day would safely traverse the Strait of Hormuz. On Wednesday, only one or two ships crossed the narrow waterway, according to MarineTraffic, a ship tracking website. Reopening the strait, which ordinarily handles some 20% of daily global oil shipments, is widely viewed … Read more
Iran’s state-run media issued on Thursday the first public statement attributed to the Islamic Republic’s new Supreme Leader, Ayatollah Mojtaba Khamenei, since his appointment in the wake of his father and predecessor Ali Khamenei’s killing on Feb. 28, in the initial U.S.-Israeli strikes on Iran. His statement was read out by a presenter on Iranian … Read more
The Iranian regime may have been decapitated in the early moments of the war, but analysts say the second foundational moment of the conflict occurred Wednesday, when a Thai-flagged tanker in the Strait of Hormuz was struck by a projectile. According to a former officer who designed missiles for the U.S. Navy, the ship was likely … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. UP NEXT Severe Storms Linger as Deadly Tornadoes Tear Across Midwest 02:40 5 Disneyland Employees Hospitalized After Hazmat Situation 00:21 Woman Accused of Shooting at Rihanna’s Home Is Charged 00:29 Rickie Fowler and Dan Hicks Preview 2026 Players Championship 04:31 … Read more
Lance Lillibridge is looking through his financial ledgers over the past few years, putting some perspective on the rising costs of fertilizer for most American farmers. Mr. Lillibridge, an Iowa corn grower and part of a family of farmers going back a century, has roughly 1,250 acres devoted to his corn crop – including a … Read more
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. Source link
Suspected Iranian drones hit at least 3 ships in and around Strait of Hormuz – CBS News Watch CBS News 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. … Read more
Global oil prices have sharply risen, though they have fallen slightly from highs seen last week, threatening wider economic instability across the world. Trump has threatened to hit Iran “20 times harder” if it disrupts this vital artery in the world’s fuel supply. Of the handful of tankers that have braved the crossing, around half … Read more