Jefferson County

The image depicts President Trump in a white robe and red sash with a ball of light in one hand and the other hand extended in healing.

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.

Rate stability is likely, experts say, but geopolitics, inflation and Fed policy will drive where they head next.

President Trump says the U.S. will blockade the Strait of Hormuz after talks in Pakistan with Iran collapsed over the weekend. CBS News' Olivia Rinaldi and Imtiaz Tyab report.

Campaign colleagues and other lawmakers are calling for California Rep. Eric Swalwell, a Democrat, to step down from Congress as more details emerge about sexual misconduct allegations against him. CBS News' Caitlin Huey-Burns reports.