President Trump warns Iran to make a deal and posts AI image with rifle

12 articles · Updated · CBS New York · Apr 29

Trump's latest warning urges Iran to end the war and reopen the Strait of Hormuz, as he posts an AI image of himself with a rifle. EU leaders report the conflict costs Europe $600 million daily.
Iran threatens to disrupt the Bab el-Mandeb strait if the U.S. blockade continues, while U.S. gas prices hit $4.23 per gallon and the Iranian rial falls to record lows. Congressional hearings question war strategy.
Over 1.2 million in Lebanon face acute hunger, and oil prices climb past $115 a barrel. Negotiations have stalled despite an extended ceasefire, and humanitarian, economic, and security crises continue to escalate.

Why do some analysts predict lower oil prices despite the ongoing 'worst energy shock in history'?

With U.S.-Iran talks stalled, could a third party like Russia or China broker a surprise deal?

Will Iran's retaliation against Gulf allies force them to break ranks with the United States?

Beyond oil prices, how is the blockade impacting the daily lives and human rights of Iranian civilians?

How long can the world economy withstand this historic energy shock before a global recession hits?

Could this crisis be the catalyst that finally breaks the world's dependency on fossil fuels?