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214 stories from Planck Standard. Latest: November 8, 2026.
A new Central Command task force targets weapons and revenue crossing Iran's borders, while Trump tells CNN renewed war is 'highly unlikely' if Tehran signs a strong deal.
After his first national security meeting since Democrats won Congress, the president is weighing renewed strikes, continued economic pressure or a deal. Tehran says Hormuz stays shut until its seven demands are met.
WatchOfficials call the Strait of Hormuz strikes 'limited and defensive' after Revolutionary Guard fire at a U.S. aircraft, while Trump says a deal 'could happen.'
Brent crude fell to $105 a barrel on signs of renewed dialogue, even as Trump warned he may have to give Tehran 'the hammer' and a record number of ships were attacked in October.
Qatar has run intense mediation for 72 hours, and Iran's foreign minister describes a two-day plan to stop attacks on ships in the Strait of Hormuz and restart direct talks.
WatchQatari mediators have handed Iran a new draft peace deal, and Tehran's answer is due by Saturday. Washington is preparing a brief, intense campaign if diplomacy fails after the Nov. 3 election.
Iran's navy and the IRGC reported vessels disabled in waters it calls unsafe, and the U.K. navy confirmed a ship on fire. Tehran has not answered a letter from Vice President Vance.
WatchIsrael had wanted to hit in mid-October, but Trump objected, a person briefed on the planning said. Iran's foreign minister says Tehran is ready for diplomacy or war.
Spot prices have tripled since Iranian strikes on Qatar's Ras Laffan facility and the closure of the Strait of Hormuz, and suppliers are now rationing helium to labs and chipmakers.
An Indian-crewed crude tanker was struck by a projectile Friday, a day after the Singapore-flagged GFS Pride caught fire and went down in the strait.
Sources tell CBS News the plans exist if President Trump orders them, even as he says the U.S. will not attack Iran before the midterms.
WatchThe president's Truth Social pledge on Thursday came a day after The Atlantic reported the White House had asked the Pentagon for pre-election strike options, as tanker attacks and Houthi missiles keep pressure on the Gulf.
Mohsen Paknejad quit Sunday, with Hamid Bovard stepping in as acting minister, as the U.S. squeeze on Iranian oil sales deepens the country's economic crisis.
Parliament Speaker Mohammad Baqer Qalibaf said Tehran could restore normal traffic within seven days if Washington meets terms drawn from the Islamabad memorandum.
WatchThe release, coordinated through the International Energy Agency, comes after a week of pressure from the Trump administration. U.S. diesel averaged $6.37 a gallon on Friday, just under the record set on Sept. 22.
Tehran says Foreign Minister Araghchi's departure was planned weeks ago. Washington and Tehran remain split on the order of concessions on Hormuz, nuclear steps and sanctions relief.
The currency has dropped again less than a month after its last low, while Washington adds sanctions and Tehran waits on a response to its Strait of Hormuz proposal.
The Louisiana Republican said the midterms are 'going to be close,' called Iran's Hormuz offer 'not a serious offer,' and said no politician should spend taxpayer money on ads that praise themselves.
WatchForeign Minister Abbas Araghchi told NBC's Meet the Press that Iran still wants diplomacy, a day after President Trump said he rejected Tehran's offer to reopen the Strait of Hormuz. U.N. Ambassador Mike Waltz called that offer a 'cynical attempt.'
WatchIran's president told CBS News his country would 'abide by whatever we commit to' and admit nuclear inspectors. A day later, Trump said the seven-day plan 'would not be acceptable.'
Foreign Minister Abbas Araghchi says the strait would reopen on day seven if the U.S. agrees to a full ceasefire, frees frozen assets, lifts its blockade and waives oil sanctions. The White House calls the talks 'positive and constructive' but says it won't rush.
WatchMasoud Pezeshkian held up photos of dead schoolchildren and called out Trump by name, a day after Trump told the same hall he might 'annihilate' the Islamic Republic.
Mohsen Rezaei, a month into the job as secretary of the Supreme National Security Council, told Al Jazeera the conditions are with Qatari and Pakistani mediators and Iran is waiting on Washington. The list drops Tehran's earlier demand for reparations, which one U.S. analyst read as movement, though he said Washington would still hear it as 'surrender.'
Lee Jae Myung said Seoul will instead consider expanding its anti-piracy naval unit off Somalia and may offer patrol aircraft, mine-disposal teams and supply ships. He also said he will not seek a second term and that the $350 billion U.S. investment deal is close to done.
WatchThe president says he will make up his mind after meeting six Gulf leaders in New York on Tuesday. Brent is near $104, up from $88 three weeks ago, and central banks in Tokyo, Washington and Frankfurt all raised rates this week to fight the oil shock.
WatchNine ships crossed the Strait of Hormuz on Thursday. Traders now put the odds of a Fed rate hike on Wednesday above 90%, and the Nasdaq 100 fell 1.3% as AI stocks sold off on top of the oil shock.
Iran's briefing for Gulf foreign ministers on how it plans to manage Hormuz shipping was called off hours later. Oman said the delay was 'in the interests of consensus.' Trump said the war will end 'right after the midterms.'
The East-West pipeline that let the kingdom pump more than 5 million barrels a day to the Red Sea is closed after a drone attack traced to Iraqi territory, while the Houthis now hold every island in the Bab el-Mandeb and Crown Prince Mohammed bin Salman is pressing Trump to strike them.
WatchMohsen Rezaei said the zone will start at the line of the U.S. naval blockade and run toward the strait. Brent crude traded near $97 and the Labor Day gasoline average hit a record $4.14 a gallon.
WatchU.S. Central Command said the M/T Kylo went down in the Gulf of Oman on Saturday, one of three tankers struck in retaliation for missiles fired at American ships. Tehran has promised a "more severe" response.
The crew was evacuated and no casualties were reported. Kharg carried 90 percent of Iranian crude exports before the war, and Trump said last week the island was being "blown to smithereens."
WatchIranian officials say American strikes killed civilians at a wedding celebration in Sirik county and wounded dozens more. Within hours the Revolutionary Guard launched missiles and drones at U.S. positions in Iraq, Jordan, Kuwait and the Emirates.
WatchThe conflict passed its half-year mark on Friday with the Strait of Hormuz still contested, roughly 6,000 sailors on 400 ships still stuck in the region, and Tehran refusing to yield to what the Treasury Department is calling an economic D-Day.
WatchTehran's price for reopening the world's most important oil chokepoint was reparations and sanctions relief. Trump's counteroffer was a bill of his own, and Brent crude blew past $87.
WatchTehran's security chief laid out six conditions for reopening the world's most important oil chokepoint. Fewer than 10 ships a day are getting through a waterway that used to carry 130.
Officials say the network laundered hundreds of millions of dollars in oil revenue through shell companies in Hong Kong, Singapore and Dubai. "Every facilitator that keeps the regime afloat is putting a target on its own back," Treasury Secretary Scott Bessent said.
The draft would keep 'hostile' ships out until Tehran is compensated for war damage and fine violators a fifth of their cargo. A U.S. official told NPR the strait is international water and 'no party controls the lanes.'
WatchThe S&P 500 finished at a record 7,737 and crude fell to $75.32 a barrel after Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz could come within days.
One crew member is missing from the Liberian-flagged Minoan Pioneer, struck 23 miles off Oman. On the same day, an Indian-flagged ship sank in the Red Sea after an explosive-laden boat rammed it.
WatchThe president called off a massive bombing campaign on the promise that negotiations were about to begin. Tehran's foreign ministry says the only talks happening are with Oman, and American officials told CBS News no new negotiations are scheduled.
WatchThe president said Saudi Arabia, Qatar and the United Arab Emirates asked him to hold off, and that talks aimed at reopening the Strait of Hormuz would begin Monday. Iran's foreign ministry says no direct talks with Washington are scheduled.
Kuwait's Defense Ministry called the strike on a Chinese company's building 'heinous Iranian aggression.' It came after U.S. Central Command finished what it called a heavy wave of strikes on dozens of Revolutionary Guard targets.
WatchU.S. Central Command said the overnight barrage struck Revolutionary Guard command centers, missile plants and coastal defenses in retaliation for an attempted Iranian strike on American forces in Jordan. Iran answered by threatening every country helping Washington.
WatchU.S. Central Command announced no new attacks after 13 consecutive nights of bombing, and an Iranian Health Ministry spokesman said the country had "a peaceful night." Trump insisted the military remains "locked and loaded."
WatchU.S. Central Command said the latest barrage was meant to degrade Iran's ability to hit commercial shipping, hours before Iran's Revolutionary Guard claimed it struck two 'non-compliant' tankers in the waterway.
American forces hit at least six bridges in Hormozgan province, appearing to cut the Strait of Hormuz port city of Bandar Abbas off from the roads to Tehran, as Iran fired back at U.S. positions across the Gulf.
The 53-year-old Californian, barred from leaving Iran since 2024 and recovering from a heart attack, is heading home as U.S.-Iran fighting enters its sixth day.
WatchAmerican forces launched two back-to-back waves of strikes Wednesday, including a 90-minute barrage on Greater Tunb Island, as Iran's Health Ministry said more than 260 people have been wounded and Tehran freed a detained American woman.
Brent crude climbed toward $84 a barrel and pump prices rose again as the president moved to choke off Iranian oil exports, even as cooler inflation data lifted U.S. stocks.
WatchJordan says it shot down four Iranian missiles over its airspace while U.S. Central Command hammered more than 300 targets across a week, and Trump warned that '1,000 missiles are locked and loaded.'
WatchThe Pentagon's blockade of every Iranian port and oil terminal went into force at 4 p.m. Eastern, with any non-compliant vessel now liable to interception, diversion or seizure by force.
WatchTehran said it had shut the world's most important oil chokepoint after firing on a ship, while Washington insisted the waterway remained open and hammered roughly 140 Iranian military targets.
WatchPresident Trump, at the NATO summit in Ankara, declared the month-old ceasefire 'over' as Central Command struck air defenses, radar sites and roughly 60 Revolutionary Guard boats. Iran fired projectiles toward Bahrain and Kuwait and shot down a U.S. drone.
WatchBrent crude jumped more than 5% after Iranian forces hit a Qatari gas carrier and two other vessels in under 24 hours. Washington answered by revoking Tehran's license to sell oil.
WatchTwo nights of American airstrikes killed at least 14 people in Iran after Tehran attacked commercial tankers in the Strait of Hormuz, collapsing a month-old truce as Khamenei was laid to rest.
WatchTehran said it fired missiles and drones at American installations across the Gulf after U.S. forces bombed Iran's coast for a second straight night. President Trump, speaking from the NATO summit in Turkey, declared the ceasefire 'over.'
WatchThe president threatened to reimpose a naval blockade on Iran's ports as oil prices jumped roughly 8%, and Tehran warned it would shut the Strait of Hormuz and retaliate with twice as many targets.
Crude jumped about 8% toward $80 a barrel after the president threatened to blockade the world's most important oil chokepoint, through which roughly a fifth of global supply flows.
WatchPresident Trump ordered retaliatory strikes and reimposed oil sanctions after Iranian forces attacked three commercial vessels near the world's most important oil chokepoint. Tehran vowed a 'decisive' response as explosions rocked the port of Bandar Abbas.
With a third of the world's fertilizer shipments stalled by the war in Iran, nitrogen prices have jumped 80 percent since February — and economists warn the real hit to American grocery bills is still to come.
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