Trump threatens Iran with "higher level" strikes if it won't accept a peace deal, but says it's too soon for direct talks after reporting diplomatic progress.
Commerce Secretary Howard Lutnick is being questioned Wednesday before the House Oversight Committee as part of its investigation related to Jeffrey Epstein.
President Trump renewed threats against Iran after pausing the U.S. mission to guide ships through the Strait of Hormuz. CBS News' Holly Williams and Nancy Cordes have the latest.
