Oil prices drop after Iran attacks U.S. base in Qatar

    Oil investors backed off Monday after seeing Iran’s retaliatory response to U.S. strikes on some of its nuclear facilities, with oil prices dropping 9% since Sunday. CBS News MoneyWatch correspondent Kelly O’Grady has the latest.

    CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations’ top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries.

    Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews
    Watch CBS News 24/7: https://cbsnews.com/live/
    Download the CBS News app: https://cbsnews.com/mobile/
    Follow CBS News on Instagram: https://instagram.com/cbsnews/
    Like CBS News on Facebook: https://facebook.com/cbsnews
    Follow CBS News on X: https://twitter.com/cbsnews
    Subscribe to our newsletters: https://cbsnews.com/newsletters/
    Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h

    For video licensing inquiries, contact: licensing@veritone.com

    24 Comments

    1. The world is finally balanced.

      We have Radical Religious Leaders in the Middle East

      and we have a Radical Bunker-Buster-Happy Leader in the West.

    2. Theyre saying this so people dont panic. Theyre lying to us.. flat out.. if you had the power to withhold something from someone you would do so and they’re gonna do so.

    3. Tactical and strategic dominance helps the economy. That's how war has been for centuries. This should increase support for our allies.

    4. Here we go again. U.S. hits Iran, oil prices spike, and guess who pays for it? Us. Fuel prices go up, groceries cost more, and suddenly your paycheck doesn’t stretch like it used to.

    Leave A Reply
    Share via