What do the Federal Reserve and the US oil industry have in common? In today’s war-torn market, both are the supplier of last resort. One provides dollars; the other barrels. But that’s where the ...

A Vietnam-era law says Congress must sign off on the Iran war after the conflict hits the 60-day mark. The only problem: Lawmakers can’t agree when that deadline actually hits. And now they’ve left ...

Commodity prices forecast to rise by 16% this year, fueling inflation and slowing growth WASHINGTON, April 28, 2026—Energy prices are projected to surge by 24% this year to their highest level since ...

A decades-old law allows the president to wage war without congressional approval for 60 days, then limits his options for continuing. President Trump may seek to get around it. By Robert Jimison ...

The Iran war has validated much of what U.S. analysts predicted, and it has exposed how little of that analysis shaped the decisions that led to the U.S. military campaign. Revisiting those ...

Tucker Reals is CBSNews.com's foreign editor, based in the CBS News London bureau. He has worked for CBS News since 2006, prior to which he worked for The Associated Press in Washington, D.C., and ...

There is a sound — a low, persistent buzzing — that links Iran's asymmetric warfare against US and Israeli targets in the Middle East to Russia's full-scale invasion of Ukraine. It is the sound of a ...

President Trump suggested late Wednesday he's avoiding describing the military conflict with Iran as a "war" because of concerns around the fact that Congress hasn't authorized military force. "I ...

Iran offered a counterproposal Wednesday to end the war in the region after rejecting a ceasefire plan backed by the Trump administration. Leaders in Tehran are asking for sovereignty over the Strait ...

WASHINGTON — Each day since the start of the war in Iran, U.S. military officials compile a video update for President Donald Trump that shows video of the biggest, most successful strikes on Iranian ...

After two weeks of war in Iran, hundreds of people have been killed, millions more displaced and billions of dollars have been spent. The war's devastation has spilled across the region, throwing it ...