Oil prices surge, stock futures slide after U.S. strikes Iran

The price of oil surged Sunday after U.S. and Israeli strikes on Iran, which killed its supreme leader. U.S. crude oil soared 12%, while Brent, the international oil benchmark, surged 14% after trading began at 6 p.m. ET. Sunday. Even before the weekend’s escalation, oil prices had risen 17% this year off President Donald Trump’s … Read more

Iran’s supreme leader killed in strikes, and 2 killed in Texas bar shooting: Weekend Rundown

Israel launched a new wave of strikes in Tehran on Sunday, a day after killing Iran’s supreme leader, Ayatollah Ali Khamenei, in joint strikes with the U.S. Iran has continued to retaliate, striking Israel and U.S. military assets in the region. Iran’s Foreign Minister Abbas Araghchi warned the foreign ministers of Saudi Arabia, the UAE, … Read more

Thousands stranded as U.S-Israeli strikes on Iran close airspace in the Middle East

The ongoing U.S.-Israeli strikes and Iran’s retaliatory attacks have disrupted flights across the Middle East and beyond as countries in the region closed their airspace. More than 2,400 flights were canceled Sunday across airports in the Middle East, according to flight tracker FlightAware. Airports in Dubai and Abu Dhabi in the United Arab Emirates, and … Read more

Celebrations and mourning in Tehran after strikes kill Iranian Supreme Leader Ayatollah Ali Khamenei

Celebrations and mourning in Tehran after strikes kill Iranian Supreme Leader Ayatollah Ali Khamenei – CBS News Watch CBS News Celebrations have been seen in Tehran after Iranian Supreme Leader Ayatollah Ali Khamenei was killed in U.S.-led strikes. Supporters of the the regime have also been seen mourning Khamenei. CBS News’ Leigh Kiniry has more. … Read more

Oil shipments disrupted in the Persian Gulf after Iran strikes

Oil shipments disrupted in the Persian Gulf after Iran strikes – CBS News Watch CBS News Iran is attempting to shut down the global flow of oil with its threats to close the Strait of Hormuz, which is the only waterway connecting the Persian Gulf to the Gulf of Oman. CBS News MoneyWatch correspondent Kelly … Read more

Lawmakers stress new urgency around war powers votes after Iran strikes

Washington — Efforts in Congress to block President Trump from using further military action against Iran without support from lawmakers have intensified after the U.S. and Israel launched a massive military operation on Saturday. Lawmakers are expected to vote this week on resolutions to require President Trump to seek Congressional approval to use military force … Read more

Trump signals willingness to talk to new Iranian leadership as strikes continue

Washington — President Trump said Sunday that he is willing to speak with the new leadership in Iran following the death of Supreme Leader Ayatollah Ali Khamenei, the country’s longtime leader, who was killed in Israeli airstrikes on Saturday. “They want to talk, and I have agreed to talk, so I will be talking to … Read more

U.S. confirms 3 troops killed in war as Iran launches retaliatory strikes

The Pentagon confirmed Sunday that at least three U.S. troops have been killed and several others were wounded in “Operation Epic Fury,” the first American casualties of the U.S.-Israeli war on Iran. CBS News’ senior national security correspondent Charlie D’Agata has more details. Source link