High Alert

Oil prices back up as U.S. and Iran trade threats to expand 7-month war

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CBS News

What happened

As Iran responds to Trump's threat of annihilation with its own warning of a possible "new front" in the war, global oil prices are rising again.

Key facts

  • Reported by CBS News and published Thu, 24 Sep 2026 10:34:01 UTC.

Why it matters

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  • Official statements or denials from the governments named
  • Whether other major newsrooms confirm the same details
  • Any follow-up decision, vote or deadline tied to the event

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Live: Iran warns of expanding war to Indian Ocean if US and Israel attacks again

  2. U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit

  3. Oil prices rise sharply as investors seek progress on U.S.-Iran talks

  4. UK ‘losing up to £6.5bn a year in EU trade’ without post-Brexit product deal

  5. Florida gas prices top $5 a gallon as statewide average reaches $4.29

  6. China confirms first AI talks with U.S. have taken place, hints at trade truce extension

  7. Oil prices back up as U.S. and Iran trade threats to expand 7-month war

Sources

The original report was published by CBS News. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CBS News

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