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Political News Compilation - Weekend Updates, March 7 and 8, 2026

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Below are some of the top political news stories of the day:



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Oil prices are soaring, but Trump is downplaying the need to tap the Strategic Petroleum Reserve

By WYATTE GRANTHAM-PHILIPS and CATHY BUSSEWITZ
Updated 5:27 PM CST, March 7, 2026

NEW YORK (AP) — Oil prices have soared in the week since the U.S. and Israel launched their war against Iran, but President Donald Trump on Saturday downplayed the idea of turning to America’s Strategic Petroleum Reserve to ease the pressure.

Trump was asked by reporters on Air Force One about whether he would consider tapping the reserve. As the war continues to escalate across the Middle East, including in areas critical to the production and movement of oil and gas, that’s strained the energy sector globally. In the U.S., consumers are already facing higher gas prices, a key cost of living.

“We’ve got a lot of oil. Our country has a tremendous amount,” Trump said. “There’s a lot of oil out there. That’ll get healed very quickly.”

Trump’s Republican Party is under pressure over the issue of affordability ahead of November midterm elections. Tapping the reserve is among the few things a president can do on his own to try to make an impact on oil prices.

Here is a look at what would be involved:

What is the Strategic Petroleum Reserve?

The Strategic Petroleum Reserve is a collection of underground salt caverns in Texas and Louisiana that can hold more than 700 million barrels of oil, although it is not currently full. The reserve held more than 415 million barrels as of the end of last month, up from about 395 million barrels at this time in 2025, according to the U.S. Energy Department. ...

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Anthropic sues Pentagon over "supply chain risk" designation

  • News source: Politics - CBSNews.com
  • Replies: 0
  • Views: 2
Washington — Anthropic sued the Defense Department on Monday over the Pentagon's move to designate it a supply chain risk after a bitter dispute over the use of the firm's artificial intelligence technologies.

In a 48-page lawsuit filed in federal court in northern California, Anthropic said the Pentagon's efforts to punish the company were "unprecedented and unlawful."

"The Constitution does not allow the government to wield its enormous power to punish a company for its protected speech. No federal statute authorizes the actions taken here...
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Democrats sink to new voter low, Republicans also underwater: poll

  • News source: FOX News
  • Replies: 0
  • Views: 6
A new national poll is the latest to indicate that Democrats are facing major problems with their party's image.

Just 30% of registered voters in an NBC News poll view the Democratic Party positively, compared to 52% who view it negatively.

The poll, the latest over the past year to indicate the Democratic Party brand, in some cases, hitting historic lows, comes as Democrats aim to escape the political wilderness and win back House and Senate majorities in the 2026 midterm elections.

The GOP, which is working to defend its slim congressional...
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EXCLUSIVE: Trump rejects shielding Biden records from Senate probes in executive privilege showdown

  • News source: FOX News
  • Replies: 0
  • Views: 4
EXCLUSIVE: President Donald Trump rejected former President Joe Biden’s assertion of executive privilege over a tranche of documents requested by the Senate as part of various probes into the 46th president, determining it is "not in the best interests of the United States."

White House counsel David Warrington wrote Monday in a letter addressed to the National Archives and Records Administration (NARA) and obtained by Fox News Digital that Trump "does not uphold the former President’s assertion of privilege" over records sought in four...
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Watch: Why the Iran war is pushing up oil prices

  • News source: BBC News - World
  • Replies: 0
  • Views: 4
As turmoil continues in the Middle East, the price of crude oil rose to more than $100 a barrel on Monday.
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Trump says he's "not happy" about Iran's new supreme leader

  • News source: Politics - CBSNews.com
  • Replies: 0
  • Views: 8
Washington — President Trump told Fox News that he's "not happy" with Iran's new supreme leader, Ayatollah Mojtaba Khamenei.

Khamenei was named Iran's new leader over the weekend, according to Iranian state media, taking the place of his father, Ali Khamenei, who was killed on the first day of the war. "Fox and Friends" host Brian Kilmeade said he spoke with the president by phone Sunday, and Mr. Trump said, "I am not happy," with Mojtaba Khamenei's ascendance.

Last week, Mr. Trump called Khamenei a "lightweight" who would be "unacceptable" to lead...
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DHS hammers Dems over airport security lines amid funding lapse

  • News source: FOX News
  • Replies: 0
  • Views: 6
The Department of Homeland Security blamed Democrats for travelers facing long security lines amid a DHS funding lapse.

"Americans are now enduring the severe fallout from the Democrat shutdown of DHS. Today, travelers are facing TSA lines of up to nearly 3 hours long at some major airports causing missed flights and massive delays during peak travel," DHS deputy assistant secretary for public affairs Lauren Bis said in a statement, according to Transportation Security Administration posts Sunday on X.

"This chaos is a direct result of Democrats...
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N Korea cancels Pyongyang Marathon for 'some reasons'

  • News source: BBC News - World
  • Replies: 0
  • Views: 7
The annual event, usually held in April, has been cancelled a month before it was due to take place, a tour agency says.
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Live Nation to open Ticketmaster to other sellers in U.S. antitrust deal

  • News source: Politics - CBSNews.com
  • Replies: 0
  • Views: 6
Live Nation, the parent company of Ticketmaster, has reached a deal with the Department of Justice to settle charges that the entertainment company's dominance in the event ticket business undermined competition and hurt consumers.

Under the settlement, Live Nation agreed to pay $280 million in civil penalties to 40 states that sued the company over its practices and to sell some of its amphitheaters. Ticketmaster must also open technology to allow other ticket sellers to use its platform to reach customers, multiple sources told CBS News.

Live...
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Travel is about to get more expensive as Iran conflict sparks jet fuel crunch

  • News source: FOX News
  • Replies: 0
  • Views: 6
Airfares could rise in the weeks ahead as the Iran conflict disrupts energy markets and squeezes jet-fuel supplies, increasing costs for airlines and passengers.

Fuel traders are watching the Strait of Hormuz closely, because disruptions from U.S.-Israeli strikes and retaliatory Iranian drone and missile attacks could quickly ripple through global oil and gas flows.

Just about 21 miles wide at its narrowest, the Strait of Hormuz, between Iran and Oman, is a global energy choke point. Roughly 20 million barrels of oil move through the waterway each...
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Top Trump agency cuts off foreign nationals from all loan programs: 'Must prioritize American citizens'

  • News source: FOX News
  • Replies: 0
  • Views: 7

India offered sanctuary to Iranian ship three days before US sank it

  • News source: BBC News - World
  • Replies: 0
  • Views: 9
India says Tehran sought permission to dock three ships on the day the US and Israel began a war on Iran.
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Police release images of Oslo US embassy explosion suspect

  • News source: BBC News - World
  • Replies: 0
  • Views: 4
Norwegian police say their investigation so far shows Sunday's blast was caused by an improvised device.
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Guinea opposition leader urges 'direct resistance' after 40 parties dissolved

  • News source: BBC News - World
  • Replies: 0
  • Views: 4
Cellou Dalein Diallo accuses the junta-leader-turned-president of erasing political threats.
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Australia urged to protect Iran women's football team as they prepare to fly home

  • News source: BBC News - World
  • Replies: 0
  • Views: 5
Concern has grown for team after one critic called them 'wartime traitors' for failing to salute during the Iranian anthem.
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Bag of cannabis and cash accidentally donated to NZ charity shop

  • News source: BBC News - World
  • Replies: 0
  • Views: 6
Two teenagers have been arrested after inadvertently leaving the knapsack for staff to find.
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Istanbul's ex-mayor to stand trial on corruption charges

  • News source: BBC News - World
  • Replies: 0
  • Views: 6
Ekrem Imamoglu is seen as Turkish President Recep Tayyip Erdogan's main political rival.
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Ukrainian drone experts to share their knowledge in the Middle East

  • News source: BBC News - World
  • Replies: 0
  • Views: 6
The BBC's Diplomatic Correspondent, James Landale, is in Ukraine to see the latest anti-drone technology the country has to offer.
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Wes Moore to give commencement addresses in 2028 battleground states

  • News source: Politics - CBSNews.com
  • Replies: 0
  • Views: 9
Maryland Gov. Wes More is planning a series of upcoming commencement addresses in presidential battleground states in May, a lineup that quietly broadens his national profile as the first-term Democratic governor continues to draw party attention as a potential presidential contender in 2028, CBS News has learned.

According to Democratic sources familiar with his planning, Moore is expected to deliver a commencement address in May at Valley Forge Military Academy and College in Pennsylvania, his alma mater. The appearance returns Moore to a key...
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Alleged Bondi gunman seeks order to suppress family's identity

  • News source: BBC News - World
  • Replies: 0
  • Views: 9
Naveed Akram is seeking to prevent media publishing details about his mother, sister and brother.
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Spain's migrants welcome amnesty: 'It will help us in every way'

  • News source: BBC News - World
  • Replies: 0
  • Views: 7
Madrid cites humanitarian and economic reasons to give undocumented workers legal status.
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Istanbul's ex-mayor to stand trial on corruption charges

  • News source: BBC News - World
  • Replies: 0
  • Views: 7
Ekrem Imamoglu is seen as Turkish President Recep Tayyip Erdogan's main political rival.
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Australia urged to protect Iranian women's football team as they prepare to fly home

  • News source: BBC News - World
  • Replies: 0
  • Views: 6
Concern has grown for team after one critic called them 'wartime traitors' for failing to salute during the Iranian anthem.
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Australians must prove they are over 18 to access porn under new laws

  • News source: BBC News - World
  • Replies: 0
  • Views: 7
Sites such as Pornhub and RedTube must verify the ages of all users or risk million-dollar fines.
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US conducts strike on another boat carrying suspected narco-traffickers, killing 6 people

  • News source: FOX News
  • Replies: 0
  • Views: 9
The Pentagon on Sunday announced that U.S. forces have carried out a lethal strike on a vessel allegedly carrying suspected narco-traffickers in the Eastern Pacific, killing six people on board.

The U.S. Southern Command said it conducted "a lethal kinetic strike on a vessel operated by Designated Terrorist Organizations" at the direction of the new leader of the Southern Command, Gen. Francis L. Donovan of the Marine Corps, who took over in January.

"Intelligence confirmed the vessel was transiting along known narco-trafficking routes in the...
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Australians must prove they are over 18 to access porn under new laws

  • News source: BBC News - World
  • Replies: 0
  • Views: 10
Sites such as Pornhub and RedTube must verify the ages of all users or risk million-dollar fines.
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