President Trump ordered the release of 172 million barrels of oil from the United States’ Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years amid the U.S.’s war with Iran. The releases will start next week and take about 120 days, Energy Secretary Christopher Wright said Wednesday in a … Read more
The Trump administration announced Wednesday that it will launch a wave of tariff-related investigations into more than a dozen U.S. trade partners, the next phase in President Donald Trump’s sweeping global trade wars. In a process that is likely to result in a fresh round of tariffs in the near future, the Office of U.S. … Read more
Sen. John Fetterman of Pennsylvania tells Major Garrett why he supports the U.S.-Israeli war with Iran and President Trump’s objectives, and weighs in on the fight to fund the Department of Homeland Security, the SAVE America Act and more. Fetterman also opens up about his battle with depression, which he wrote about in his memoir … Read more
Inflation held steady in February — but the latest reading offers little clarity for Federal Reserve officials, who are navigating an increasingly complicated economic landscape. Consumer prices rose 2.4% from a year earlier, according to new government data released Wednesday, a figure that suggests inflation has been gradually cooling toward the Fed’s 2% target. But … Read more
The ‘real’ reasons for Epic Fury? Sometimes a simple explanation turns out to be true. Source link
NEW YORK — The Pentagon has not permitted photographers to cover Defense Secretary Pete Hegseth’s last two briefings on the war in Iran, and hasn’t explained the change in longstanding policy. A Pentagon spokesman, Joel Valdez, declined to comment for this story. The Defense Department under Hegseth has had a contentious relationship with the news … Read more
An unexploded World War II bomb was successfully defused in the German city of Dresden on Wednesday, police said, after it caused a huge evacuation operation. The 550-pound British bomb was found on Tuesday during work in the city center to rebuild a bridge over the river Elbe that collapsed in 2024. The discovery caused … Read more
Influential podcaster Joe Rogan this week questioned President Donald Trump’s decision to strike Iran, saying that some supporters of the president feel “betrayed” by the war. Speaking about Iran with conservative author and writer Michael Shellenberger in a podcast episode released Tuesday, Rogan said that the military operation “seems so insane based on what he … Read more
How the Trump administration is justifying the war with Iran – CBS News Watch CBS News The Trump administration briefed the Senate Armed Services Committee on Tuesday about Operation Epic Fury, but questions loom around the White House’s justification for the Middle East conflict. CBS News’ Aaron Navarro has more. Source link
The International Energy Agency said Wednesday that member countries had unanimously agreed to release 400 million barrels of oil from their reserves in a bid to ease prices that are soaring due to the Iran war. “The oil market challenges we are facing are unprecedented in scale, therefore I am very glad that IEA Member … Read more