Amendment 5

Global oil prices jumped to over $100 a barrel as investors fret over Trump's partial naval blockade of the vital trade route.

Lawmakers are pushing for California Democratic Rep. Eric Swalwell to leave Congress after sexual assault allegations were made against the politician. CBS News' Caitlin Huey-Burns has more.

Neil Irwin, chief economic correspondent at Axios, joins CBS News 24/7 to break down the jump in oil prices after President Trump announced the U.S. would blockade Iranian ports in the Strait of Hormuz.

The price of U.S. crude rose to $104.24 a barrel following the blockade announcement and Brent crude oil, the international standard, rose to $102.29.

The bipartisan House Ethics Committee announced Monday it is investigating Democratic Rep. Eric Swalwell of California.