Iran War Updates: Tehran shrugs off Trump's attack threats, says diplomacy ongoing as oil prices stay high
By Frank Andrews
Updated on: October 26, 2026 / 4:29 PM EDT / CBS News
What to know about the Iran war today:
President Trump said Sunday he was still deciding between reaching an agreement with Iran and taking action to "finish them off." Mr. Trump has kept open the possibility of a new round of major U.S. strikes against Iran.
Iranian officials said Sunday that indirect negotiations with the U.S. continue but that Tehran will not change its positions even if Mr. Trump does order a resumption of American attacks on the Islamic Republic.
The price of international benchmark Brent crude oil sat around $115 a barrel early Monday after surging last week over supply concerns, as the Middle East and Ukraine crises grind on and the Northern Hemisphere heads into winter, when demand for gas rises.