Ret. Gen. Frank McKenzie, former CENTCOM commander and a CBS News contributor, and Iran policy analyst Karim Sadjadpour joined “Face the Nation with Margaret Brennan” to discuss their latest analysis of the ongoing war in Iran. Source link
Strikes in the Middle East intensified overnight, as Iranian-backed Houthi rebels claimed a missile launch toward Israel and 10 U.S. service members were wounded in an Iranian strike in Saudi Arabia, officials said. Meanwhile, the Strait of Hormuz remains barred to most global oil transports. Source link
As the U.S.-Iran war nears the one-month mark, the fragile global oil market has emerged as a key leverage point for Iran — and some shipping and insurance experts don’t expect the situation to return to normal until the war winds down significantly. Since the start of the conflict, Iran has threatened to hit ships … Read more
According to a statement from Iran’s Revolutionary Guards, the Strait of Hormuz is closed, and they vowed a severe response to any ship trying to get through. That seemed to contradict President Trump’s claim that Iran had allowed 10 ships through the Strait as a gift. Holly Williams has details. Source link
Iran’s Revolutionary Guard Corps has declared the Strait of Hormuz — a waterway through which around 20% of the world’s crude oil supply flowed until the war — closed to any ships not explicitly granted permission by Tehran, warning of a severe response for any violators. The global price of crude oil jumped over $110 a … Read more
Iran maintains chokehold on Strait of Hormuz despite Trump’s deadlines – CBS News Watch CBS News The Iran war is nearing the one-month mark as different versions of the state of apparent negotiations between Tehran and the U.S. emerge. CBS News’ Chris Livesay reports. Source link
World shares mostly fell and oil gained again on Friday after Wall Street had its worst day since the start of the Iran war over growing doubts about a de-escalation. In early European trading, Britain’s FTSE 100 fell 0.3% to 9,939.96. France’s CAC 40 dropped 0.7% to 7,718.97, and Germany’s DAX lost 1.3% to 22,314.28. … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. U.S. stocks suffer biggest loss since the war with Iran started 06:41 Attacks Escalate in Middle East as Trump Insists Iran Wants a Deal 02:05 Now Playing A closer look at shipping traffic through the Strait of Hormuz with Gulf … Read more
President Trump is pushing back his ultimatum, at Iran’s request, for the country to reopen the Strait of Hormuz, or face U.S. strikes on its power plants. It comes as the president said negotiations are underway, even as thousands of troops head to the Middle East. CBS News’ Holly Williams and Zak Hudak report. Source … Read more
DOHA, Qatar — Call it the world’s most dangerous toll booth. Iran is forcing oil tankers to take a new route in the Strait of Hormuz through a narrow passage controlled by its Revolutionary Guard, with some ships charged millions of dollars to transit, according to maritime data shared with NBC News. The new system … Read more