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Oil prices rise as U.S. and Iran appear locked in a costly stalemate

Oil prices rise as U.S. and Iran appear locked in a costly stalemate

What to know about the Iran war today:
o Iran has offered a deal to reopen the Strait of Hormuz to commercial shipping if the U.S. drops its military blockade of Iranian ports and vessels, sources tell CBS News. But the offer apparently includes no concessions on Iran's nuclear program, which President Trump has insisted must be dismantled as part of any agreement to end the two-month war.

o Hezbollah's leader has flatly rejected the U.S.-brokered negotiations between Israel and Lebanon, "and their outcomes," raising new doubt over the tenuous ceasefire in the parallel war and further complicating prospects for a U.S.-Iran deal.

o Mr. Trump abruptly called off plans over the weekend to send senior envoys to Pakistan for a second round of direct talks with Iranian officials, insisting his administration has "all the cards" and if Tehran wants "to talk, they can come to us, or...More

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Oil prices rise as U.S. and Iran appear locked in a costly stalemate
Oil prices rise as U.S. and Iran appear locked in a costly stalemate

Hegseth says U.S. blockade of Iranian vessels to continue for
Hegseth says U.S. blockade of Iranian vessels to continue for "as long as it takes"

Hungary drops veto, clearing path for $106 billion EU loan to Ukraine
Hungary drops veto, clearing path for $106 billion EU loan to Ukraine

Trump says he's not under pressure over Iran war deal as status of peace talks remains unclear
Trump says he's not under pressure over Iran war deal as status of peace talks remains unclear


Oil prices rise as U.S. and Iran appear locked in a costly stalemate

At least 16 dead in strikes across Ukraine and Russia on Chernobyl anniversary

Mexico says 2 CIA agents killed in crash weren't authorized to participate in local raid

Trump says he canceled Kushner, Witkoff trip to Pakistan for Iran talks: "We have all the cards, they have none!"

King Charles' U.S. visit to start Monday amid strained U.S.-U.K. relations

Armed groups in Mali attack capital, other cities in possible coordinated effort, army says

U.S. and Iran remain locked in Strait of Hormuz standoff, Hezbollah rejects Lebanon ceasefire

Hegseth says U.S. blockade of Iranian vessels to continue for "as long as it takes"

Lebanon accuses Israel of war crime after drone strike kills journalist

Israel-Lebanon ceasefire extended by 3 weeks following White House peace talks, Trump says

U.S. forces board another Iran-linked vessel in tit-for-tat series of ship interdictions

Prince Harry implores U.S. to do more for Ukraine, accuses Russia of war crimes on surprise visit to Kyiv

Iran touts video of Strait of Hormuz cargo ship seizures as Trump keeps quiet on next move

Hungary drops veto, clearing path for $106 billion EU loan to Ukraine

As undocumented migrants line up for Spain's amnesty program, political opponents vow a fight

Iran attacks ships in Strait of Hormuz as thousands more U.S. forces head for Middle East

NATO deploys armed fighter jets to intercept Russian military planes flying over Baltic Sea

Unclear if U.S.-Iran peace talks will happen one day before Trump's latest ultimatum expires

Mexico demands answers after U.S. officials killed in car crash following drug lab raid: "We were not informed"

Trump says he's not under pressure over Iran war deal as status of peace talks remains unclear

Netanyahu says Israeli soldier pictured hitting Jesus statue in Lebanon will face "harsh disciplinary action"

Risk of Iran war reigniting as Trump renews threats, Tehran says no plan to attend peace talks

Manchester City vs. Arsenal: How Gunners stumbled again as Erling Haaland goal tightens Premier League race


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Business

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

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, in part because there's no going back on oil prices, at least not any time in the near future," Mark Zandi, chief economist at Moody's Analytics, told CBS News.

The war has disrupted traffic through the Strait of Hormuz, a strategic waterway through which one-fifth of the world's oil supply normally flows. Oil prices have jumped as a result, creating widespread consequences for Americans as they fuel their cars and book travel. As of midday Friday, Brent crude, the international benchmark, was trading at $105 a barrel, up 44% since before the war...More

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

Nearly 208,000 heated socks sold at Costco are recalled after customers report burns
Nearly 208,000 heated socks sold at Costco are recalled after customers report burns

Trump Media replaces CEO Devin Nunes as its losses top $1 billion
Trump Media replaces CEO Devin Nunes as its losses top $1 billion

Tim Cook to step down as Apple CEO, with John Ternus tapped as successor
Tim Cook to step down as Apple CEO, with John Ternus tapped as successor


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

Trader Joe's customers sue over coffee's caffeine levels

Planning to fly this summer? Book now before prices surge, airline experts say.

Meta to cut 8,000 jobs as it charges into AI

JetBlue used customers' personal data to set ticket prices, lawsuit alleges

Nearly 208,000 heated socks sold at Costco are recalled after customers report burns

Judge approves $425 million Capital One settlement. Here's what customers should know.

Only one Trump "gold card" visa has been approved so far, Commerce's Lutnick says

Crypto billionaire Justin Sun sues Trump family's World Liberty Financial, alleging fraud

Trump Media replaces CEO Devin Nunes as its losses top $1 billion

UPS, FedEx and DHL are seeking tariff refunds. Here's what it means for consumers.

Meta failed to protect social media users from scam ads, lawsuit alleges

Airlines cut routes in response to rising jet fuel costs amid Iran war

Tim Cook to step down as Apple CEO, with John Ternus tapped as successor

United Airlines merger with American Airlines would hurt consumers, senators say


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Sports

MLB Power Rankings: There's a new No. 1 in town and they're running away with the division

No one's doubting the Dodgers but it's time to tip our cap to the red-hot Braves

MLB Power Rankings: There's a new No. 1 in town and they're running away with the division
Keytron Jordan, CBS Sports

The two-time defending champion Dodgers are a great team. They remain a decent bet to win the World Series and have been one of the best teams in baseball all season. I'm sure there will be people out there arguing against this move and it's totally fair to believe it shouldn't happen, but I'm pulling the trigger.

The Dodgers are not the No. 1 team in the Power Rankings this week.

That honor has been stolen by the Atlanta Braves.

What a difference a year makes, huh? The 2025 Braves were arguably the most disappointing team in baseball, missing the playoffs for the first time since 2017 and finishing 10 games under .500. This time around, they look a lot more like the version we saw win the World Series in 2021...More

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MLB Power Rankings: There's a new No. 1 in town and they're running away with the division
MLB Power Rankings: There's a new No. 1 in town and they're running away with the division

Raiders draft Fernando Mendoza No. 1: The pick that must end decades of draft failure
Raiders draft Fernando Mendoza No. 1: The pick that must end decades of draft failure

Leicester City relegated to third division a decade after historic Premier League title win
Leicester City relegated to third division a decade after historic Premier League title win

2026 NFL Draft gets massive shakeup after Dexter Lawrence trade: How the top 10 could now unfold
2026 NFL Draft gets massive shakeup after Dexter Lawrence trade: How the top 10 could now unfold


MLB Power Rankings: There's a new No. 1 in town and they're running away with the division

Diego Pavia finds an NFL home -- kind of: Heisman finalist lands Ravens rookie minicamp tryout

Top 10 notable undrafted players include QBs Haynes King, Diego Pavia

Who is 16-year-old Mathis Albert? American winger makes history in Borussia Dortmund debut

Timberwolves star Anthony Edwards to miss multiple weeks after hurting knee in Game 4 vs. Nuggets

Who will be next Chelsea manager? Five potential candidates including Spanish stars, former Blues and more

World Cup public transportation explained: High prices in store for fans in some U.S. host cities

2026 Zurich Classic leaderboard: Brooks Koepka, Shane Lowry have work to do after first round of team event

Raiders draft Fernando Mendoza No. 1: The pick that must end decades of draft failure

BYU's AJ Dybantsa, the potential No. 1 overall pick, declares for 2026 NBA Draft: What makes him so good?

Patriots' Mike Vrabel to seek counseling, will not be with team for Day 3 of the NFL Draft

2026 NFL Draft red flag tracker: Sorting through rumors and reports that could cause prospects to slip

Padres add rotation depth with Lucas Giolito after free agency dragged into 2026 season

Now what for Chelsea? Five losses in a row for manager Liam Rosenior leave few good short or long-term options

Mets' misery continues as historic losing streak extends to 12 with loss to Twins

Mike Vrabel addresses photos with reporter: 'I've had some difficult conversations with people I care about'

Leicester City relegated to third division a decade after historic Premier League title win

If Billy Donovan waits, he could reshape next year's college basketball coaching carousel

PGA Tour CEO considering pathways for LIV Golf players to return while crediting league as change agent

Joseph Savarino, grandson of Mike Krzyzewski, charged with DWI in fatal crash that killed 15?year?old

Arsenal's penalty area problem: How Man City attack broke down England's best defense without being exploited

NBA playoff winners and losers: Victor Wembanyama dazzles in debut, No. 1 Pistons in trouble vs. Magic?

Did Brock Lesnar retire? WWE, UFC star takes off gloves, boots after loss to Oba Femi at WrestleMania 42

2026 NFL Draft gets massive shakeup after Dexter Lawrence trade: How the top 10 could now unfold

2026 RBC Heritage purse, prize money: Payouts for Matt Fitzpatrick, field from $20M pool at signature event

Zachariah Branch arrested after Georgia's spring game ahead of 2026 NFL Draft: What we know

Mets extend losing streak to 11 games after falling in extra innings


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Entertainment

Adam Scott Says He Already Knows the Ending to ‘Severance,’ Teases ‘So Many Surprises’ in Season 3: ‘It’s Going to Be Great’

Adam Scott Says He Already Knows the Ending to ‘Severance,’ Teases ‘So Many Surprises’ in Season 3: ‘It’s Going to Be Great’

Adam Scott already knows the ending of “Severance.”

“Oh, yes. I’m an executive producer on the show, so I’m involved in all of it. We talk with the writers and Dan [Erickson] all the time. I know everything about what’s going on. [As an actor] I like having as much information as possible.”

Just like the whole world, he’s more than ready for Season 3.

“It’s going to be great. There are so many surprises. I can’t wait to shoot it,” he said. As previously announced, Ben Stiller won’t be directing this time.

“Ben is still very involved in the show. It’s going to be great. You know, it’s been over two years since we finished shooting Season 2. We’re all anxious to get back. We miss each other.”

Scott, who will be receiving the...More

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Adam Scott Says He Already Knows the Ending to ‘Severance,’ Teases ‘So Many Surprises’ in Season 3: ‘It’s Going to Be Great’
Adam Scott Says He Already Knows the Ending to ‘Severance,’ Teases ‘So Many Surprises’ in Season 3: ‘It’s Going to Be Great’

Russell Brand admits to sleeping with a 16-year-old when he was 30
Russell Brand admits to sleeping with a 16-year-old when he was 30

Rihanna reveals adorable baby Rocki – See her W Magazine debut
Rihanna reveals adorable baby Rocki – See her W Magazine debut

Karol G at Coachella was a global hit. Yet other foreign acts fear touring the U.S.
Karol G at Coachella was a global hit. Yet other foreign acts fear touring the U.S.


Adam Scott Says He Already Knows the Ending to ‘Severance,’ Teases ‘So Many Surprises’ in Season 3: ‘It’s Going to Be Great’

Helena Bonham Carter Departs ‘The White Lotus’ Season Four Days Into Filming

See BTS Kick Off North American Leg of Arirang World Tour in Tampa

‘Wicked’ Star Marissa Bode Says She Was ‘Denied Boarding a Flight Because I’m Disabled’: ‘This Is Blatant Segregation’

Stagecoach 2026 lineup includes Post Malone, Lainey Wilson and Ella Langley as the country music festival returns to the desert this weekend

How “Deadliest Catch” Will Address Todd Meadows' Shocking Death as New Season Sets Premiere Date

Russell Brand admits to sleeping with a 16-year-old when he was 30

‘Dancing With the Stars’ Renewed for Season 35; Maura Higgins and Ciara Miller Set as First Celebrity Contestants

Spotify Reveals First-Ever Most Streamed Artists, Songs and Albums List: Taylor Swift, Bad Bunny and The Weeknd Are Tops

Jack Quaid reportedly marries Claudia Doumit in Australia with Meg Ryan, Dennis Quaid, and “The Boys” costars attending

Kylie Jenner Sued by Former Housekeeper for Alleged Discrimination, 'Toxic and Abusive' Work Environment

Rihanna reveals adorable baby Rocki – See her W Magazine debut

Reese Witherspoon Addresses Backlash to Her Support of AI: 'I Don't Believe Computers Should Replace Humanity'

Indigo Girls' Emily Saliers reveals incurable medical disorder: "My voice will not be what it was"

Eddie Murphy Welcomes New Family Member With Martin Lawrence

Very short concerts aren't a scam. They're brilliant.

Karol G at Coachella was a global hit. Yet other foreign acts fear touring the U.S.

Mentalist Oz Pearlman to host White House Correspondents' Dinner

"Proof": Don Cheadle and Ayo Edebiri make their Broadway bows


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Crime

22 Buddhist monks arrested at airport after record drug bust

22 Buddhist monks arrested at airport after record drug bust
Sri Lankan monks arrive to appear before a court after their arrest in Negombo on April 26, 2026, after 22 of them were arrested at the airport with 242 pounds of powerful cannabis, officials said. Ishara S. KODIKARA /AFP via Getty Images

Twenty-two Sri Lankan monks returning from Thailand were arrested on Sunday at the main international airport with a record 242 pounds of powerful cannabis, officials said.

A Sri Lanka Customs spokesman said the group, returning home after a four-day vacation in the Thai capital, had Kush -- a potent, plant-based strain of cannabis -- hidden in their luggage.

"Each carried about five kilos of the narcotic concealed within false walls in their luggage," the spokesman said, adding that the monks had been handed over to police.

They were to be taken before a magistrate later on Sunday.

The monks were mostly young students from temples...More

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22 Buddhist monks arrested at airport after record drug bust
22 Buddhist monks arrested at airport after record drug bust

AI is fueling a surge in crypto fraud schemes, IRS investigators say. For one victim,
AI is fueling a surge in crypto fraud schemes, IRS investigators say. For one victim, "There's nothing left."

Gunman at Mexico's Teotihuacán pyramids kills Canadian tourist, injures at least 13 people
Gunman at Mexico's Teotihuacán pyramids kills Canadian tourist, injures at least 13 people

6 killed after gunman opens fire in Kyiv, Ukrainian officials say
6 killed after gunman opens fire in Kyiv, Ukrainian officials say


22 Buddhist monks arrested at airport after record drug bust

Another U.S. strike on alleged drug boat kills 3 in eastern Pacific, military says

U.S. strike on alleged drug boat kills 2 in eastern Pacific, military says

10 cartel members linked to brother of drug lord "El Chapo" captured in Mexico in operation aided by U.S. intelligence

AI is fueling a surge in crypto fraud schemes, IRS investigators say. For one victim, "There's nothing left."

High-ranking lieutenant of notorious drug gang to be extradited from Ecuador to U.S.

Mass murder trial in El Salvador for almost 500 alleged MS-13 members

Gunman at Mexico's Teotihuacán pyramids kills Canadian tourist, injures at least 13 people

Accused drug trafficker considered one of Europe's most wanted fugitives is captured in Mexico

Strike on alleged drug boat kills 3 in Caribbean Sea, U.S. military says

6 killed after gunman opens fire in Kyiv, Ukrainian officials say

Former chef facing 14 murder charges to plead guilty to aiding suicide

U.K. police investigate arson attack on building formerly housing Jewish charity


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Life

Israel's Netanyahu says he was treated for prostate cancer, delayed the news so Iran wouldn't use it as "propaganda"

Israel's Netanyahu says he was treated for prostate cancer, delayed the news so Iran wouldn't use it as
Israel's Prime Minister Benjamin Netanyahu speaks during a ceremony commemorating Israel's Remembrance Day for fallen soldiers, in Jerusalem, on April 21, 2026. Ilia YEFIMOVICH / POOL /AFP via Getty Images

Israeli Prime Minister Benjamin Netanyahu was treated for early-stage prostate cancer 18 months ago, he revealed Friday, saying he delayed making the news public so Iran would not use it as "propaganda against Israel."

In a post on X, Netanyahu said he had an early-stage malign tumor — "a tiny spot of less than a centimeter" — that was successfully removed a year and a half ago, and that he is now in "excellent physical condition."

His annual medical report was due to be published two months ago, he added, but he "requested a delay" to prevent Iran from spreading "even more false propaganda against Israel."

Netanyahu...More

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Israel's Netanyahu says he was treated for prostate cancer, delayed the news so Iran wouldn't use it as
Israel's Netanyahu says he was treated for prostate cancer, delayed the news so Iran wouldn't use it as "propaganda"

Rents around the U.S. are growing more slowly than they have in years
Rents around the U.S. are growing more slowly than they have in years

2 U.S. Embassy officials among 4 killed in car crash following drug lab raid in Mexico
2 U.S. Embassy officials among 4 killed in car crash following drug lab raid in Mexico

Rat poison found in HiPP baby food in Austria, prompting recall
Rat poison found in HiPP baby food in Austria, prompting recall


Israel's Netanyahu says he was treated for prostate cancer, delayed the news so Iran wouldn't use it as "propaganda"

Taking a Life to Save an Organ

Inside the daring 3-hour operation to rescue a group of tourists from a cliff in Australia

Rents around the U.S. are growing more slowly than they have in years

1 of 6 missing crew members found dead after typhoon overturned U.S.-flagged ship in Pacific

2 U.S. Embassy officials among 4 killed in car crash following drug lab raid in Mexico

Major earthquake off Japan's north coast prompts tsunami warning

Rat poison found in HiPP baby food in Austria, prompting recall


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Interesting

Prediction markets in hot seat over rogue bettors and insider trading

Prediction markets in hot seat over rogue bettors and insider trading


A soldier betting on an operation to oust Venezuela's leader. Politicians gambling on their own elections. Massive bets on the president announcing a ceasefire with Iran right before he actually did.

Are prediction markets safe places for news junkies to bet on events - or dens of insider trading?

A lot is at stake as states vow to heavily regulate or even ban what they view as illegal gambling operations. Even the Trump family could be impacted as it lays plans to open its own prediction market.

Just how fair prediction markets are now depends partly on the trading venue. They all have different internal policies and different rules, though recent headlines suggest they're all going through adolescent growing pains - and the adults are worried.

Part of the problem is no one on the outside can tell who exactly is placing the winning bets, fueling suspicion some...More

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Prediction markets in hot seat over rogue bettors and insider trading
Prediction markets in hot seat over rogue bettors and insider trading

Salmon exposed to cocaine swim almost twice as far as those without, study shows
Salmon exposed to cocaine swim almost twice as far as those without, study shows

Canadian prime minister describes close ties to U.S. as
Canadian prime minister describes close ties to U.S. as "weaknesses that we must correct"


Prediction markets in hot seat over rogue bettors and insider trading

60-foot octopus prowled seas as apex predator during age of dinosaurs, fossilized jaws show

Trans Skeletons and Just So Stories

Condom maker warns prices may rise due to Iran war supply disruptions

Salmon exposed to cocaine swim almost twice as far as those without, study shows

Uber found liable for actions of driver who grabbed passenger's inner thigh

Humanoid robot beats human half-marathon world record in Beijing

Canadian prime minister describes close ties to U.S. as "weaknesses that we must correct"

Life jacket worn by a passenger on Titanic who survived auctioned off for over $900,000

More than 1,000 bone fragments found in Mexico City weeks before World Cup: "Devastating reality"


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Sundry

King Charles arriving for visit with Trump to highlight nations' "special relationship." Here's what to know.

King Charles arriving for visit with Trump to highlight nations' special relationship. Here's what to know.
President Trump and Britain's King Charles III during the president's second state visit to the U.K., at Windsor Castle, on Sept. 17, 2025. AARON CHOWN/POOL/AFP/Getty

King Charles III and Queen Camilla are arriving in the U.S. on Monday for their first visit as monarchs. The trip, marking the 250th anniversary of signing of the Declaration of Independence, comes at a fraught time for the U.S.-U.K. relationship.

It's not clear how their plans may be affected by additional security considerations after Saturday night's attempted shooting at the White House Correspondents' Dinner where the president, vice president and Cabinet members were in attendance.

In a statement Sunday, the palace confirmed that the visit "will proceed as planned," adding, "The King and Queen are most grateful to all those who have worked at pace to ensure this...More

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King Charles arriving for visit with Trump to highlight nations'
King Charles arriving for visit with Trump to highlight nations' "special relationship." Here's what to know.

Iran's military more capable than Trump administration is publicly acknowledging, sources say
Iran's military more capable than Trump administration is publicly acknowledging, sources say

How Trump's messaging on Iran has shifted in 3 days since he said Tehran
How Trump's messaging on Iran has shifted in 3 days since he said Tehran "agreed to everything"

U.S. delegation visited Cuba last week as Trump heaped pressure on island, official says
U.S. delegation visited Cuba last week as Trump heaped pressure on island, official says


King Charles arriving for visit with Trump to highlight nations' "special relationship." Here's what to know.

Here are the college majors that new grads regret the most, according to a recent survey

The long history of America's conflict with Cuba

Northern Ireland homes evacuated after reports of car bomb explosion

Moon Joy: How the Artemis II Journey Around the Moon Encouraged the World

Iran's military more capable than Trump administration is publicly acknowledging, sources say

Will gas dip below $3 a gallon this year? Here's what experts predict.

Trump predicts U.K.'s Starmer can "recover" from scandal over Epstein-linked ex-ambassador Peter Mandelson

Iran war shows "era of fossil fuel security is over," says U.K. official, defying Trump calls for North Sea drilling

How Trump's messaging on Iran has shifted in 3 days since he said Tehran "agreed to everything"

For Jewish Iranians, war with Israel brings a flood of mixed emotions

Food stamp work rules don't increase employment, researchers say

U.K. police are investigating if Iranian proxies are behind recent attacks on Jewish sites

U.S. delegation visited Cuba last week as Trump heaped pressure on island, official says


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