Despite Iran tensions, King Charles III will follow his mother’s lead in celebrating US-UK bonds

LONDON — The challenge for King Charles III as he embarks on this week’s state visit to the U.S. is, as always, to live up to his mother’s example. The late Queen Elizabeth II wowed Congress in 1991 with a speech that celebrated the shared democratic traditions of Britain and the United States, quoted Abraham … Read more

In 8 weeks, the Iran war has dented the U.S. economy. The damage could linger, economists say.

In the eight weeks since the Iran war started, the conflict has driven gas prices above $4 a gallon, strained homebuyers and pushed inflation to its highest level in nearly two years. Even if the war ends soon, Americans are likely to feel the financial sting for months, economists say. “I think the damage has already been done, … Read more

Details on U.S. blockade against Iran and impact to global economy

Details on U.S. blockade against Iran and impact to global economy – CBS News Watch CBS News Pentagon officials provided details on operations in the Middle East against Iran as talks may resume in Pakistan between U.S. and Iranian officials. CBS News’ Aaron MacLean and Olivia Rinaldi report. Source link

White House says Steve Witkoff, Jared Kushner will travel to Pakistan for more Iran talks

White House says Steve Witkoff, Jared Kushner will travel to Pakistan for more Iran talks – CBS News Watch CBS News White House press secretary Karoline Leavitt says Trump advisers Steve Witkoff and Jared Kushner are headed back to Pakistan for more talks with Iranian officials on a potential peace deal. Source link

IEA says Iran war will keep the global natural gas market tight for two years

The implications of the Iran war on energy markets will extend well beyond this year, according to a new report from the International Energy Agency (IEA) on Friday.  The conflict in the Middle East, now in its second month, is expected to crimp global natural gas supplies for two years as damage to liquefied natural gas … Read more

Hegseth on Iran war:

Defense Secretary Pete Hegseth and Chairman of the Joint Chiefs of Staff Gen. Dan Caine briefed reporters on Friday about U.S. military operations in the Middle East, including a blockade near the Strait of Hormuz targeting vessels linked to Iran. CBS News’ Olivia Rinaldi and Elliot Ackerman have more. Source link