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All things energy: oil, natural gas, renewable energy, electricity, and other sources of power.
In this handout photo provided by U.S. Central Command, U.S. forces patrol the Arabian Sea near M/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel that the U.S. accused of attempting to violate the U.S. naval blockade of Iranian ports near the Strait of Hormuz. (Handout Photo by the U.S. Navy via Getty Images)
The Iran war has turned the world’s shipping straits into a chessboard—and the U.S. aims to box out China from the Panama Canal to the Malacca Strait

As the war over the Strait of Hormuz wages on, the U.S. is quietly gaining more influence over the Panama Canal and the straits of Malacca and Gibraltar.

By Jordan BlumMay 2, 2026
ExxonMobil CEO Darren Woods, far right, listens as U.S. President Donald Trump,left, speaks during a meeting with oil company executives in the East Room of the White House on Jan. 9. President Trump is aiming to convince oil executives to support his plans in Venezuela, a country whose energy resources he says he expects to control for years to come. US forces seized Venezuelan president Nicolas Maduro in a sweeping military operation on January 3, with Trump making no secret that control of Venezuela's oil was at the heart of his actions.
Exxon Mobil CEO sees ‘more to come’ on price spikes from Iran war as Exxon, Chevron beat on earnings despite plunging profits
By Jordan BlumMay 1, 2026
male engineer working under pylon
Utility CEOs pocket $626 million as American energy bills hit record highs
By Tristan BoveMay 1, 2026
Current price of oil as of May 1, 2026
Current price of oil as of May 1, 2026
By Joseph HostetlerMay 1, 2026
A banner depicting portraits of Iran's late Supreme Leader Ayatollah Ali Khamenei and Ayatollah Mojtaba Khamenei
Iranian supreme leader says the only place Americans belong in the Gulf is ‘at the bottom of its waters’
By Jon Gambrell, Aamer Madhani and The Associated PressApril 30, 2026
Wind energy CEO says company ‘must adapt’ as Trump offers $2 billion to kill offshore wind projects
Wind energy CEO says company ‘must adapt’ as Trump offers $2 billion to kill offshore wind projects
By Marco Quiroz-GutierrezApril 30, 2026
Latest Stories
Betting on the Kentucky Derby is more popular than ever. So why is it so confusing?
LawBetting on the Kentucky Derby is more popular than ever. So why is it so confusing?
By Catherina GioinoMay 2, 2026
Blackstone’s Steve Schwarzman built a program to teach young leaders about China. It’s harder to get into than Harvard
C-SuiteBlackstone’s Steve Schwarzman built a program to teach young leaders about China. It’s harder to get into than Harvard
By Shawn TullyMay 2, 2026
Trump says a ‘final proposal’ for a taxpayer-funded takeover of Spirit Airlines is under consideration
PoliticsTrump says a ‘final proposal’ for a taxpayer-funded takeover of Spirit Airlines is under consideration
By Michelle L. Price, Rio Yamat and The Associated PressMay 1, 2026
U.S. to withdraw 5,000 troops from Germany as Trump feuds with Merz over the Iran war
EuropeU.S. to withdraw 5,000 troops from Germany as Trump feuds with Merz over the Iran war
By Ben Finley and The Associated PressMay 1, 2026
EBay soars on report that GameStop is preparing a takeover bid
InvestingEBay soars on report that GameStop is preparing a takeover bid
By Spencer Soper, Cecilia D'Anastasio and BloombergMay 1, 2026
trump
PoliticsTrump on Iran: ‘They want to make a deal, I’m not satisfied with it, so we’ll see what happens’
By Toqa Ezzidin, Munir Ahmed, Collin Binkley and The Associated PressMay 1, 2026
infantino
North AmericaFifa’s Infantino predicted sellouts and ‘1,000 years of World Cups at once,’ but fans aren’t biting
By James Robson and The Associated PressMay 1, 2026
bernie
PoliticsBernie Sanders is destroying Chuck Schumer in the Democratic Party’s Civil War ahead of the midterms
By Steve Peoples and The Associated PressMay 1, 2026
More EnergyPage 19 of 100
sarandos
Energy‘We are no strangers to competition and we are no strangers to change’: Ted Sarandos says Paramount is just another Blockbuster
By Michael Liedtke and The Associated PressJanuary 21, 2026
mckibben
EnvironmentElectricity as the new eggs: Affordability concerns will swing the midterms just like the 2024 election, Bill McKibben says
By Seth Borenstein, Amanda Swinhart and The Associated PressJanuary 18, 2026
Davos
CommentaryBuilding corporate resilience in a fragmenting world
By Sunny Mann and Anahita ThomsJanuary 18, 2026
Trump says he’ll make tech firms pay for power. They’d love to
AITrump says he’ll make tech firms pay for power. They’d love to
By Michelle Ma, Alicia Tang and BloombergJanuary 16, 2026
trump
EnergyCongress’ solution for rare earths crisis: a brand-new $2.5 billion federal agency
By Didi Tang, Josh Funk and The Associated PressJanuary 15, 2026
Exxon Mobil CEO Darren Woods, seated to the right, listens as U.S. President Donald Trump, left, speaks during a meeting with oil company executives in the East Room of the White House in Washington, DC on Jan. 9, 2026. President Trump is aiming to convince oil executives to support his plans in Venezuela, a country whose energy resources he says he expects to control for years to come. U.S. forces seized Venezuelan president Nicolas Maduro in a sweeping military operation on Jan. 3, with Trump making no secret that control of Venezuela's oil was at the heart of his actions.
EnergyTrump threatens to keep ‘too cute’ Exxon out of Venezuela after CEO provides reality check on ‘uninvestable’ industry
By Jordan BlumJanuary 12, 2026
Oil prices rise as bloody crackdown on Iran protests suggests Tehran fears a ‘dire security threat to the regime’ with loyalty of forces in doubt
EnergyOil prices rise as bloody crackdown on Iran protests suggests Tehran fears a ‘dire security threat to the regime’ with loyalty of forces in doubt
By Jason MaJanuary 11, 2026
Trump vows to protect Venezuela and warns Maduro ally Cuba ‘I strongly suggest they make a deal, BEFORE IT IS TOO LATE’
PoliticsTrump vows to protect Venezuela and warns Maduro ally Cuba ‘I strongly suggest they make a deal, BEFORE IT IS TOO LATE’
By Seung Min Kim and The Associated PressJanuary 11, 2026
Fortune Archives: A dispatch from the oil crisis in Caracas
NewslettersFortune Archives: A dispatch from the oil crisis in Caracas
By Jeremy KahnJanuary 11, 2026
Trump order says Venezuelan oil revenue is being held by the U.S. for ‘governmental and diplomatic purposes’ and not subject to private claims
PoliticsTrump order says Venezuelan oil revenue is being held by the U.S. for ‘governmental and diplomatic purposes’ and not subject to private claims
By Seung Min Kim and The Associated PressJanuary 10, 2026
Facing a 682% inflation rate, Venezuelans work three or more jobs and still can barely afford any food. ‘Everything is so expensive’
EconomyFacing a 682% inflation rate, Venezuelans work three or more jobs and still can barely afford any food. ‘Everything is so expensive’
By Regina Garcia Cano, Matt Sedensky and The Associated PressJanuary 9, 2026
Secretary of State Marco Rubio looks on as US President Donald Trump speaks to the press following US military actions in Venezuela, at his Mar-a-Lago residence in Palm Beach, Florida.
EnergyTrump pushes for $100 billion in oil investments in Venezuela while Exxon and others say it’s currently ‘uninvestable’ without major reforms
By Jordan BlumJanuary 9, 2026
Donald Trump speaks behind a podium with Marco Rubio frowning in the background.
Energy‘What we call corruption’: Harvard economist and former Venezuelan minister says Trump’s oil profit motives have no place in Venezuela’s future
By Sasha RogelbergJanuary 9, 2026
The future depends on copper, but a coming shortage makes it a ‘systemic risk’ to the economy and a strategic flashpoint, S&P Global warns
EconomyThe future depends on copper, but a coming shortage makes it a ‘systemic risk’ to the economy and a strategic flashpoint, S&P Global warns
By Jason MaJanuary 9, 2026
A refinery owned by Citgo, a subsidiary of PDVSA, the Venezuelan state owned oil company, sits along the I&M Canal on May 15, 2019 in Lemont, Illinois.
EnergyPaul Singer’s Elliott Management is one of the big winners in Venezuela’s forced sale of Citgo and the toppling of Maduro
By Jordan BlumJanuary 9, 2026
US President Donald Trump, alongside Deputy Chief of Staff Stephen Miller, Secretary of State Marco Rubio, and US Secretary of Defense Pete Hegseth, speaks to the press following US military actions in Venezuela, at his Mar-a-Lago residence in Palm Beach, Florida, on January 3, 2026. President Trump said Saturday that US forces had captured Venezuelan leader Nicolas Maduro after launching a "large scale strike" on the South American country.
EnergyThe U.S. naval blockade of Venezuela has cost $700 million already—and is rising by $9 million daily
By Jordan BlumJanuary 8, 2026
maduro
PoliticsTrump chose not to restore democracy in Venezuela, with the opposition’s Nobel winner in hiding and much of the opposition in prison
By Regina Garcia Cano and The Associated PressJanuary 7, 2026
A visual illustration of the digital twin of Commonwealth Fusion Systems’ fusion demonstration machine SPARC. In collaboration with Siemens and Nvidia, the digital twin of SPARC was unveiled at CES 2026 in Las Vegas.
InnovationFusion power nearly ready for prime time as Commonwealth builds first pilot for limitless, clean energy with AI help from Siemens, Nvidia
By Jordan BlumJanuary 7, 2026
U.S. President Donald Trump
EconomyTrump’s Venezuela plan just got a whole lot more expensive, as he says the U.S. could give ‘tremendous’ sums to oil companies building there
By Eleanor PringleJanuary 7, 2026
Delcy
PoliticsVenezuela’s new president steered $500,000 to Trump’s inauguration—in 2017
By Joshua Goodman and The Associated PressJanuary 6, 2026
Trump
EnergyTrump: Venezuela to sell 30m-50m barrels of ‘high quality’ oil to U.S. at market price
By Regina Garcia Cano, Aamer Madhani, Megan Janetsky and The Associated PressJanuary 6, 2026
venezuela
EnergyFrom Latin America’s richest country 100 years ago to a founding member of OPEC, the long history of Venezuela’s oil and U.S. ties, explained
By James Trapani and The ConversationJanuary 6, 2026
US President Donald Trump, alongside Deputy Chief of Staff Stephen Miller, Secretary of State Marco Rubio, and U.S. Secretary of Defense Pete Hegseth, speaks to the press following US military actions in Venezuela, at his Mar-a-Lago residence in Palm Beach, Florida, on Jan. 3. Trump said U.S. forces had captured Venezuelan leader Nicolas Maduro after launching a "large scale strike" on the South American country.
EnergyPresident Trump stands ready to send U.S. Big Oil into Venezuela en masse, but the messy reality of rebuilding a ruined industry takes many years
By Jordan BlumJanuary 6, 2026
Rubio, Trump
EnergyTrump’s strike on Venezuela gives the U.S. 30% of the world’s oil reserves on paper and a $100 billion rebuilding job in reality
By Sasha Rogelberg and Nick LichtenbergJanuary 5, 2026
Trump tells NBC U.S. may reimburse firms for Venezuela oil efforts
EnergyTrump tells NBC U.S. may reimburse firms for Venezuela oil efforts
By Kate Sullivan, Hadriana Lowenkron and BloombergJanuary 5, 2026
chevron
EnergyEnergy stocks rip as JP Morgan estimates the U.S. could hold 30% of all the world’s oil
By Michelle Chapman and The Associated PressJanuary 5, 2026
‘Big Short’ investor Michael Burry says toppling of Venezuela’s Maduro will weaken Russia’s global standing as its oil ‘just became less important’
Energy‘Big Short’ investor Michael Burry says toppling of Venezuela’s Maduro will weaken Russia’s global standing as its oil ‘just became less important’
By Marco Quiroz-GutierrezJanuary 5, 2026
trader
EnergyChevron stock is spiking after the U.S. raid on Venezuela
By The Associated PressJanuary 5, 2026
Delcy Rodriguez
PoliticsVenezuela’s new interim president is the daughter of a socialist who was arrested in connection with the 1976 kidnapping of an American businessman
By Megan Janetsky, Isabel Debre and The Associated PressJanuary 5, 2026
Wall Street cheers the prospect of conflict in Venezuela and Greenland
EnergyWall Street cheers the prospect of conflict in Venezuela and Greenland
By Jim EdwardsJanuary 5, 2026
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Personal Finance
Scott Bessent on financial literacy: 'it drives me crazy' to see young men in blue-collar construction jobs playing the lotteryplaceholder alt text
By Fatima Hussein and The Associated PressMay 1, 2026
North America
China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyardplaceholder alt text
By Jake AngeloApril 30, 2026
Commentary
The U.S. economy is booming — just not where 50 million Americans liveplaceholder alt text
By Derek KilmerMay 1, 2026
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