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Here’s how a U.S. naval blockade of the Strait of Hormuz could work. ‘This is a big task, and it’s a big gamble’

Here’s how a U.S. naval blockade of the Strait of Hormuz could work. ‘This is a big task, and it’s a big gamble’

“It puts economic pressure on Tehran without destroying the oil facilities, which you should want to preserve into the future.”

By Jason MaApril 12, 2026

Intuit was an AI pioneer. Why its stock became a SaaSpocalypse casualty

Intuit was an AI pioneer. Why its stock became a SaaSpocalypse casualty

By Geoff ColvinApril 12, 2026

Oil tankers U-turn in Hormuz as U.S.-Iran talks break down

Oil tankers U-turn in Hormuz as U.S.-Iran talks break down

By Weilun Soon and BloombergApril 12, 2026

Saudi Arabia says East-West pipeline restored to full capacity

Saudi Arabia says East-West pipeline restored to full capacity

By Clara Ferreira Marques and BloombergApril 12, 2026

In 2011, Barack Obama said it was time to ‘pivot’ to Asia. But 15 years later, the U.S. is still at war in the Middle East

In 2011, Barack Obama said it was time to ‘pivot’ to Asia. But 15 years later, the U.S. is still at war in the Middle East

By Didi Tang and The Associated PressApril 12, 2026

Trump says U.S. Navy to impose Hormuz blockade after Iran ceasefire talks end with no deal. ‘No one who pays an illegal toll will have safe passage’

Trump says U.S. Navy to impose Hormuz blockade after Iran ceasefire talks end with no deal. ‘No one who pays an illegal toll will have safe passage’

By Munir Ahmed, Josh Boak, Sam Metz, Samy Magdy and The Associated PressApril 12, 2026

haiti

Haiti stares down starvation as Iran War drives 200,000 into acute food emergency status

Even before the war, about half of Haiti’s 12 million people were in a state of food emergency, according to the UN.

By Evens Sanon, Danica Coto and The Associated PressApril 12, 2026

‘People are trying to be creative’: Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans

“It’s coming to the point where some people might have no choice,” one CEO told Fortune, saying more firms are looking to leverage refund claims from the levies.

By Sasha RogelbergApril 12, 2026

Former ‘Citgo 6’ political prisoner sees ‘karma’ in Maduro ouster, but Venezuelan oil won’t rebound until there’s true regime change

Former ‘Citgo Six’ captive sees democratic elections as the only way to build international business trust in Venezuela again.

By Jordan BlumApril 12, 2026

JD Vance leaves Pakistan after marathon talks with Iran end without a deal as Tehran refuses U.S. demand not to develop nuclear weapons

The latest bargaining lasted 21 hours, Vance said, with the vice president in constant communication with U.S. President Donald Trump and others in the administration.

By Munir Ahmed, E. Eduardo Castillo, Samy Magdy, Cara Anna, Ben Finley, Collin Binkley and The Associated PressApril 11, 2026

More in North America

trump

As Iran peace talks fail, Trump and Joe Rogan watch a hobbled fighter triumph in a brutal cage match

As a Kid Rock song blasted from the speakers, Trump walked to his seat, where Marco Rubio was waiting.

By The Associated PressApril 12, 2026

‘I just keep seeing a lot of different aspects of life getting more expensive’: New car prices are up 30% over 6 years

The K-shaped car economy means the average for a new car is nearly $50,000.

By Alexa St. John and The Associated PressApril 12, 2026

I grew up in a family of entrepreneurs. Here’s what I had to unlearn to build a $1 billion business

I grew up in Switzerland surrounded by entrepreneurs: my grandfather in construction, my father in surveying, my uncles in packaging and construction.

By Samuel MuellerApril 12, 2026

Turns out the American middle class didn’t die. It got richer—and felt poorer

Since 1979, the American Enterprise Institute calculated, the ranks of the upper middle class, earning $133,000 to $400,000, more than tripled.

By Nick LichtenbergApril 12, 2026

More in North America

ireland

Over a third of Ireland’s fuel stations are empty and truck and tractor drivers are protesting nationwide

Truck and tractor drivers staged a fifth day of blockades at the country’s sole fuel refinery and several depots

By Brian Melley and The Associated PressApril 11, 2026

Who’s really in control as AI and Big Tech race ahead?

From AI and Big Tech to cities and boardrooms, the latest edition of Fortune Europe explores how leaders are racing to keep up as technology outpaces the systems meant to contain it.

By Francesca CassidyApril 10, 2026

European far-right loved Trump for years until he went to war next door in Iran

Italian Premier Giorgia Meloni refused to let the U.S. use an air base in Sicily. France’s Marine Le Pen described Trump’s war goals as “erratic.”

By Nicholas Riccardi, Justin Spike and The Associated PressApril 9, 2026

Trump rips into NATO after closed-door meeting: ‘WASN’T THERE WHEN WE NEEDED THEM’

Earlier Wednesday, White House press secretary Karoline Leavitt acknowledged that Trump had discussed leaving NATO.

By Michelle L. Price, Collin Binkley and The Associated PressApril 9, 2026

Three oil supertankers sail through the Strait of Hormuz

Three oil supertankers sail through the Strait of Hormuz

It represents the biggest day of oil exits through Hormuz since the war caused traffic through the waterway to all but halt six weeks ago.

By Julian Lee, Weilun Soon and BloombergApril 11, 2026

Trump’s gift to China: a booming market for cheap, state-of-the-art EVs amid the Iran War

“In many markets that are structurally well suited for EVs, adoption has been slow simply because consumers lacked urgency.”

By Chan Ho-Him and The Associated PressApril 10, 2026

Japan’s Prime Minister welcomes Deep Purple, capping 50-year love affair with heavy metal: ‘You’re my god’

“I express my deepest respect for you for making rock history and continuing to take on new challenges and producing even more compelling music today.”

By Mari Yamaguchi and The Associated PressApril 10, 2026

Seeking to save Gen Z from foreign influence, China has quietly banned K-Pop for a full decade

The government banned effeminate-looking men from TV in 2021, a look that Chinese pop stars likely picked up from South Korean and Japanese performers.

By Ken Moritsugu, Juwon Park and The Associated PressApril 10, 2026

More in Middle East

Current price of oil as of April 7, 2026

Current price of oil as of April 7, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerApril 7, 2026

Current price of oil as of March 31, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerMarch 31, 2026

Energy ‘vulnerable’ India seeks U.S. help to produce more oil and wean itself off Russia, Middle East reliance amid geopolitical turmoil

Cairn Oil & Gas aims to rapidly grow as India’s top private energy producer.

By Jordan BlumMarch 31, 2026

Bond yields are falling even as oil tops $102, showing that Wall Street fears recession more than inflation

“The risks to economic growth begin to take precedence over the risks to inflation,” Oxford Economics said in a note on Monday.

By Jason MaMarch 30, 2026

More in Middle East

NEW YORK, NEW YORK - JULY 26: A view of Poppi drinks at #BFE (Big Flavor Energy) "poppi hour" at Azul On the Rooftop at Hotel Hugo on July 26, 2022 in New York City.

This TikTok sensation sold her startup for $2 billion. Now Pepsi is letting ‘Poppi be Poppi’

When Poppi started running TV spots, Ellsworth said the goal was to stand out as much as possible, doing the opposite of what’s expected.

By Eva RoytburgApril 12, 2026

‘Almost unmanageable’: Raising a child in the U.S. now costs more than $300,000

Costs are up 1.9% from a year ago, as rent prices have spiked across the country.

By Jacqueline MunisApril 12, 2026

A 93-year-old refused to sell her home to the Masters golf course that’s spent $280 million on expansion: ‘Money ain’t everything’

Elizabeth Thacker lived next to Augusta National Golf Club her entire adult life and refused to sell her home to the club despite multiple above-market offers.

By Marco Quiroz-GutierrezApril 12, 2026

Legendary investor says the AI boom masks a deeper crisis: Falling sperm counts, shrinking populations, and vanishing resources

Jeremy Grantham remembers rattling investors in 2022: “I irritated the stock market players, irritated the newbies who were investing their Biden’s money.”

By Nick LichtenbergApril 12, 2026

Latest Stories

Artemis III will practice docking Orion with lunar landers in Earth orbit next year while Musk’s Starship and Bezos’ Blue Moon compete for Artemis IV

Innovation Artemis III will practice docking Orion with lunar landers in Earth orbit next year while Musk’s Starship and Bezos’ Blue Moon compete for Artemis IV

By Marcia Dunn and The Associated PressApril 12, 2026

$12 billion crypto company boss says Gen Z ‘create an absurd amount of chaos’ and make him want to pull his hair out—but he’s betting on them anyway

Success $12 billion crypto company boss says Gen Z ‘create an absurd amount of chaos’ and make him want to pull his hair out—but he’s betting on them anyway

By Orianna Rosa RoyleApril 12, 2026

boomer

Commentary America is not ready for its own longevity crisis — and 2026 is the wake-up call

By Aimee DeCamillo and Diane TyApril 12, 2026

Wemimo Abbey and Samir Goel, the cofounders of fintech company Esusu

Success These cofounders quit corporate jobs, took on $100K in credit card debt, and slept in a Denny’s—now their $1.2B company is backed by Serena Williams

By Emma BurleighApril 12, 2026

layoff

Commentary The middle manager cuts saving you millions today will cost you everything in 2028

By Kristien TurnerApril 12, 2026

Born in Soviet Union, Grindr CEO was told he had two career options: Learn English or how to shoot a gun

Success Born in Soviet Union, Grindr CEO was told he had two career options: Learn English or how to shoot a gun

By Orianna Rosa RoyleApril 12, 2026

Trump downplays talks for ceasefire deal with Iran, claiming military victory. ‘It doesn’t matter. From the standpoint of America, we win’

Politics Trump downplays talks for ceasefire deal with Iran, claiming military victory. ‘It doesn’t matter. From the standpoint of America, we win’

By The Associated PressApril 11, 2026

Appeals court says national security implications of halting White House ballroom construction must be weighed

Law Appeals court says national security implications of halting White House ballroom construction must be weighed

By Michael Kunzelman, Ben Finley and The Associated PressApril 11, 2026

More LatestPage 17 of 100

Photo of Scott Kupor

Politics The federal government shed 385,000 employees last year. Now the Trump administration is on a blitz to hire Gen Z workers

By Sasha RogelbergMarch 31, 2026

powell

Economy Jerome Powell to Gen Z: Don’t fear AI—master it

By Nick LichtenbergMarch 30, 2026

CEO and Portfolio Manager Pershing Square Capital Management L.P. William Ackman speaks at The New York Times DealBook Conference at Jazz at Lincoln Center on November 10, 2016 in New York City.

Investing Bill Ackman told spooked investors to get over the Iran war and buy Fannie and Freddie. Stocks surged 40% the next day

By Eva RoytburgMarch 30, 2026

Two people stand in front of a sign urging support for California’s billionaire tax

Economy Wealth taxes on billionaires and $30 minimum wages are part of the same plan, advocate says. ‘They should pay their fair share’

By Catherina GioinoMarch 30, 2026

Dollar doomsayers can relax: Iran’s ‘petroyuan’ gambit won’t topple the greenback

Commentary Dollar doomsayers can relax: Iran’s ‘petroyuan’ gambit won’t topple the greenback

By Paul BlusteinMarch 30, 2026

Photo of Jerome Powell

Economy Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’

By Nick LichtenbergMarch 30, 2026

Woman using smartphone and laptop at home

Personal Finance Most Americans would rather ditch social media than their beloved banking apps, Wells Fargo survey says

By Jacqueline MunisMarch 30, 2026

The Air Canada CEO’s English-only condolence video cost him his job—and it’s a warning for every global CEO to read the room

C-Suite The Air Canada CEO’s English-only condolence video cost him his job—and it’s a warning for every global CEO to read the room

By Phil WahbaMarch 30, 2026

uber

North America It used to cost this Uber driver about $25 to fill up her Corolla. The Iran War has her trying on $40 for size

By Dee-Ann Durbin, Matt Sedensky and The Associated PressMarch 30, 2026

powell

Economy Jerome Powell lets loose: ‘it’s very hard to build great democratic institutions and much easier to bring them down’

By Michael Casey and The Associated PressMarch 30, 2026

richards

North America ‘Maybe the TSA lines right now, that’s pretty American’: U.S. soccer star on what makes his country unique

By The Associated PressMarch 30, 2026

air canada

C-Suite Mark Carney lays down the gauntlet: ‘It is essential that the next CEO of Air Canada is bilingual’

By Rob Gillies and The Associated PressMarch 30, 2026

kangaroo

Law Kangaroo escapes from Wisconsin petting zoo by scaling 8-foot fence, hops through town for 3 days

By John O'Connor and The Associated PressMarch 30, 2026

bondi

Law Trump administration sues Minnesota over transgender athletes in girls sports

By Steve Karnowski and The Associated PressMarch 30, 2026

oil

Investing S&P set for another loss following worst week since Iran War began as oil keeps climbing

By Stan Choe and The Associated PressMarch 30, 2026

Laura Swett, chairwoman of the Federal Energy Regulatory Commission (FERC), at the CERAWeek by S&P Global conference in Houston, Texas, US, on Thursday, March 26, 2026. The event convenes more than 10,000 participants from over 2,350 companies across 89 countries for dialogue on the agenda ahead as the world enters a new era of energy transition. Photographer: Aaron M. Sprecher/Bloomberg via Getty Images

Energy Hyperscalers often lack the ‘aptitude’ on power as the political push picks up to expedite grid connections and pipelines

By Jordan BlumMarch 30, 2026

Cargo theft costs U.S. trucking $18 million a day and is ‘unlike anything our industry has faced before,’ logistics exec warns

North America Cargo theft costs U.S. trucking $18 million a day and is ‘unlike anything our industry has faced before,’ logistics exec warns

By Jason MaMarch 30, 2026

Air Canada CEO to quit after furor over English-only message to families of LaGuardia crash victims

C-Suite Air Canada CEO to quit after furor over English-only message to families of LaGuardia crash victims

By Marco Quiroz-GutierrezMarch 30, 2026

Several pints of Guinness lined up on a bar

AI A man used AI to call 3,000 Irish bartenders to track the cost of Guinness. Now pubs are lowering their prices to compete

By Jake AngeloMarch 30, 2026

Elon Musk is escalating his feud with a Delaware judge over a ‘heart’ on a LinkedIn post

Law Elon Musk is escalating his feud with a Delaware judge over a ‘heart’ on a LinkedIn post

By Jacqueline MunisMarch 30, 2026

Trump said the Iran war was ‘very complete’ three weeks ago. Oil has surged 50% since, and analysts are warning of stagflation

Economy Trump said the Iran war was ‘very complete’ three weeks ago. Oil has surged 50% since, and analysts are warning of stagflation

By Eva RoytburgMarch 30, 2026

Chris Power

Success A CEO trying to reindustrialize America says blue-collar pay is headed for ‘massive hyperinflation’ and kids should skip college to become welders

By Jake AngeloMarch 30, 2026

french authorities

Europe ‘They use proxies’: France probes possible Iran link to thwarted bomb attack outside of a Bank of America

By The Associated Press and Sylvie CorbetMarch 30, 2026

The 6 Best Weight Loss Supplements for Women of 2026: Nutritionist Approved

Health The 6 Best Weight Loss Supplements for Women of 2026: Nutritionist Approved

By Christina SnyderMarch 30, 2026

Photo of Reed Hastings

Success Netflix cofounder Reed Hastings says his first boss out of college would wash his dirty mugs at 4:30 a.m.—so now he does coffee runs for his staff too

By Emma BurleighMarch 30, 2026

Photo of Mark Zuckerberg (left), Lauren Sánchez Bezos (center), and Jeff Bezos

Success Even billionaires aren’t safe: This year’s market slump has wiped $75 billion from the wealth of Jeff Bezos and Mark Zuckerberg

By Preston ForeMarch 30, 2026

Art thieves nab three paintings by Renoir, Cezanne and Matisse in Italy

Europe Art thieves nab three paintings by Renoir, Cezanne and Matisse in Italy

By The Associated PressMarch 30, 2026

The Houston Comets are back: Connecticut Sun sold to Rockets owner for record $300 million

Law The Houston Comets are back: Connecticut Sun sold to Rockets owner for record $300 million

By The Associated Press and Doug FeinbergMarch 30, 2026

leagh

Commentary I’m a CEO who oversees $9.5 trillion in spend data. AI’s winners are already decided

By Leagh TurnerMarch 30, 2026

bessent

Energy Bessent says U.S. to ‘retake’ Hormuz Strait control, eyes escorts

By Daniel Flatley and BloombergMarch 30, 2026

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'This is the last warning.' Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz

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By Fortune EditorsApril 11, 2026

Palantir CEO says AI ‘will destroy’ humanities jobs but there will be ‘more than enough jobs’ for people with vocational training

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By Fortune EditorsApril 11, 2026

The 'affordability economy' has created a housing market nobody predicted: Prices collapsing in the Sun Belt, soaring in the Rust Belt

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By Fortune EditorsApril 11, 2026

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