In today’s newsletter: Trump says he wants to take Iran’s oil as the war sends global prices surging. Travelers express frustration with Congress as TSA workers are caught in the shutdown crossfire. And a stunning March Madness finish seals the Men’s Final Four. Here’s what to know today. Trump says he wants Iran’s oil and … Read more
President Trump reiterated his stance on Sunday that the U.S. has already achieved regime change in Iran and a deal to end the war could be reached “soon.” Citing the number of Iranian leaders who have been killed in the month-long U.S.-Israeli war against Iran, Mr. Trump said the people now running Iran were “much … Read more
ABOARD AIRFORCE ONE — President Donald Trump on Sunday night said he has “no problem” with a Russian oil tanker off the coast of Cuba delivering relief to the island, which has been brought to its knees by a U.S. oil blockade. “We have a tanker out there. We don’t mind having somebody get a … Read more
President Donald Trump said Sunday that he would like to “take the oil in Iran” and is considering seizing the export hub of Kharg Island, which is responsible for more than 90% of Iran’s oil exports. In an interview with the Financial Times, Trump said his “preference would be to take the oil.” “To be … Read more
Global oil prices jumped and U.S. stock futures slid ahead of Monday’s market open after the weekend saw Iran-backed Houthi militants launch ballistic missiles at Israel and 3,500 additional U.S. troops arrive in the Middle East as the conflict rounded one month. Advanced trades on the three major U.S. stock indexes were down as much … Read more
Trump says he has ‘no problem’ with Russian oil tanker bringing relief to Cuba Source link
Iran war at a crossroads as rising oil prices and economic uncertainty hit global markets – CBS News Watch CBS News David Martin reports on how the Iran war is at a crossroads as it enters its second month, with the global impact of rising oil prices and economic uncertainty at center stage. Source link
In 1974, Mike Wallace traveled to Iran for his first interview with Shah Mohammad Reza Pahlavi. The Arab oil embargo was ongoing, and Wallace asked the Shah about the oil profits Iran was making. 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
Stocks tumbled on Friday amid the uncertainty in Iran, marking the fifth consecutive week of declines. It’s the longest stretch of weekly losses in nearly four years. CBS News business contributor Javier David has more. Source link