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Oil spikes 11% in one day as Trump offers no clear plan to end war, reopen Strait of Hormuz
Erin Burnett Out Front

CNN's Brianna Keilar talks to Austan Goolsbee, president of the Federal Reserve Bank of Chicago, about oil prices spiking amid the war with Iran.

5:06 • Source: CNN
World News 8 videos
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Oil spikes 11% in one day as Trump offers no clear plan to end war, reopen Strait of Hormuz
05:06
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Belfast on edge amid wave of anti-immigrant violence
03:26
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Harry Enten examines how the war in Iran is affecting Netanyahu politically
03:14
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<p>The Trump administration is defending its decision to bar Omar Abdul-Kadir Artan from entering the US, just days before the FIFA World Cup, labeling him a "security threat," with links to a terrorist group. Artan would have been the first Somali to referee at the tournament. CNN’s Larry Madowo reports.</p>
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Somali World Cup referee denied US entry ahead of World Cup
03:00
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In this photo released by Xinhua News Agency, Chinese President Xi Jinping, left, and North Korean leader Kim Jong Un shake hands for a photo at Kumsusan State Guesthouse in Pyongyang, Monday, June 8, 2026. (Xie Huanchi/Xinhua via AP)
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Russia-North Korea alliance looms over Xi trip
03:21
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US attacks Iran for downing of Apache; Iran retaliates
03:21
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<p>Iranians are facing economic hardship, with hyper inflation, rampant unemployment and an uncertain future. CNN's Fred Pleitgen reports from Tehran. </p>
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CNN's Fred Pleitgen in Tehran talks to Iranians about the economic hardship the country is facing
02:18
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'We're raising alarm bells right now.' Oil exec warns about impacts of Iran war on oil reserves
01:09
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