Americans' views on Trump soured significantly with regard to his stewardship over the cost of living, as gasoline prices have surged.

US Treasuries rebounded on Monday, recovering from earlier losses to stage gains in a volatile trading session after President Donald Trump eased his threats against Iran and oil prices fell.

Treasury yields declined as President Trump’s suspension of strikes against Iran gives some comfort to global markets.

Brent crude futures were trading around $102 a barrel a barrel, while U.S. oil futures climbed above $100, before falling back.

Oil prices fell on Monday morning after President Donald Trump said the U.S. was holding off on striking Iran’s energy infrastructure amid productive talks between the two countries.

The Trump administration ending its war against Iran now would essentially cede control of the key energy choke point of the Strait of Hormuz to Tehran, President Donald Trump's former secretary of Defense said Monday.

As the war with Iran enters its fourth week, President Trump says he's holding off on his threat to destroy the country's power plants if it does not reopen the Strait of Hormuz. CBS News national security analyst Aaron MacLean joins with more.

U.S. President Donald Trump said Monday the U.S. was talking with an Iranian leader and claimed the Islamic Republic was eager for a deal to end the war. He also extended a deadline for Iran to reopen the Strait of Hormuz or face attacks on its power plants,