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MUSCAT, OMAN - MARCH 22: The Albina Bulk carrier sits anchored on March 22, 2026 at Sultan Qaboos Port in Muscat, Oman.President Donald Trump had threatened to attack Iran's energy infrastructure if it did not end its de facto blockade of the Strait of Hormuz by just before midnight GMT of March 23. A subsequent statement from President Trump said the U.S. and Iran had held "very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East," and that he would postpone any attacks on Iranian energy infrastructure for five days. Maritime traffic through the strait, which conveys about 20% of the world's oil and gas, has mostly come to a halt after the joint U.S.-Israeli war with Iran that began on February 28.
Trump has a labyrinth of bad options in the Strait of Hormuz. Here’s why some warn that walking away could transcend ‘our defeat in Vietnam’

Ceding control of the Strait of Hormuz would represent a U.S. defeat worse than Vietnam, one critic said.

By Jordan BlumMarch 31, 2026
Wall Street just had its best day in nearly a year over a rumor
Wall Street just had its best day in nearly a year over a rumor
By Eva RoytburgMarch 31, 2026
Bobby Witt Jr. throws a baseball. He is standing in front of a FanDuel sign on a baseball field.
Credit card delinquencies among millennials and Gen Z have soared because of sports betting—even in states where it’s illegal, new Fed study finds
By Sasha RogelbergMarch 31, 2026
hegseth
‘Go get your own oil’: Trump’s message to allies who haven’t backed war in Iran
By Jon Gambrell, Mike Corder, Darlene Superville and The Associated PressMarch 31, 2026
walmart shoppers
A Wall Street vet’s Walmart recession indicator just hit its highest point since 2008—and he says the fear ‘just keeps multiplying’
By Jake AngeloMarch 31, 2026
Latest Stories
Bernard Looney, CEO of Prometheus Hyperscale
EnergyFormer BP CEO takes over Wyoming data center developer, as first woman leader of Big Oil giant becomes new BP chief
By Jordan BlumMarch 31, 2026
brian
CommentaryThe real engine of innovation is trust
By Brian DoublesMarch 31, 2026
artemis
PoliticsNASA is finally going back to the moon, with Artemis II. What took so long?
By Emily A. Margolis and The ConversationMarch 31, 2026
houthi
EnergyThe Strait of Hormuz crisis is drawing eyes to another point nearby: ‘the Gate of Tears’
By Flavio Macau and The ConversationMarch 31, 2026
A man points to a white board during a meeting
Workplace CultureLiking corporate BS may be a sign you’re bad at decision-making, Cornell expert finds
By Jacqueline MunisMarch 31, 2026
Mother and daughter using laptop at swimming pool area
SuccessMore parents are done pushing college. 1 in 3 are now betting on trade school instead
By Sydney LakeMarch 31, 2026
Nutricost Probiotic Complex Review (2026): Expert Approved
HealthNutricost Probiotic Complex Review (2026): Expert Approved
By Christina SnyderMarch 31, 2026
man plays bass on stage
CryptoFresh off victory over cops in ‘Lemon Pound Cake’ trial, Afroman heads to address Bitcoin’s biggest gathering
By Carlos GarciaMarch 31, 2026
More Economy
Hiring just hit a level not seen since the economy was ‘closed down literally’ during COVID, top economist says
EconomyHiring just hit a level not seen since the economy was ‘closed down literally’ during COVID, top economist says
By Eva RoytburgMarch 31, 2026
Parent with Gen Z adult kid talking about money
SuccessTwo-thirds of parents say their adult Gen Z kids still rely on them financially  for support—even though it’s putting them under strain
By Emma BurleighMarch 31, 2026
U.S. President Donald Trump reacts during a Cabinet meeting in the Cabinet Room of the White House on March 26, 2026 in Washington, DC
EnergyMarkets cheer as Trump threatens to abandon Iran war, but Jamie Dimon sides with allies: ‘Win this thing and clean up the straits’
By Eva RoytburgMarch 31, 2026
trump
EnergyWhy Trump just can’t talk the oil price down—and why markets and Americans are starting to tune him out
By Josh Boak, Fatima Hussein and The Associated PressMarch 31, 2026
trump
EnergyGas prices under Trump just hit a benchmark from the Biden inflation era
By Wyatte Grantham-Philips and The Associated PressMarch 31, 2026
Ken Griffin won’t bend the knee to Trump
EconomyKen Griffin won’t bend the knee to Trump
By Jim EdwardsMarch 31, 2026
Photo of Jamie Dimon
BankingJamie Dimon says the American Dream is ‘slipping out of reach’—and JPMorgan is spending billions to fix it
By Nick LichtenbergMarch 31, 2026
America and Europe have taken different routes on trying to ‘control AI.’ The results are stark
MagazineAmerica and Europe have taken different routes on trying to ‘control AI.’ The results are stark
By Francesca CassidyMarch 31, 2026
Is the org chart dead in the age of AI? LinkedIn’s chief economic opportunity officer thinks so
Future of WorkIs the org chart dead in the age of AI? LinkedIn’s chief economic opportunity officer thinks so
By Nicholas GordonMarch 31, 2026
Photo of Scott Kupor
PoliticsThe 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
EconomyJerome Powell to Gen Z: Don’t fear AI—master it
By Nick LichtenbergMarch 30, 2026
Two people stand in front of a sign urging support for California’s billionaire tax
EconomyWealth 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
CommentaryDollar doomsayers can relax: Iran’s ‘petroyuan’ gambit won’t topple the greenback
By Paul BlusteinMarch 30, 2026
Photo of Jerome Powell
EconomyJerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’
By Nick LichtenbergMarch 30, 2026
powell
EconomyJerome 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
Trump said the Iran war was ‘very complete’ three weeks ago. Oil has surged 50% since, and analysts are warning of stagflation
EconomyTrump 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
Bond yields are falling even as oil tops $102, showing that Wall Street fears recession more than inflation
EnergyBond yields are falling even as oil tops $102, showing that Wall Street fears recession more than inflation
By Jason MaMarch 30, 2026
War against Iran to escalate as we approach six-week ‘TACO’ timetable, analysts say
EconomyWar against Iran to escalate as we approach six-week ‘TACO’ timetable, analysts say
By Jim EdwardsMarch 30, 2026
Dow futures fall 300 points as Wall Street braces for potential U.S. ground assault on Iran and Houthi attacks that could slash oil supplies further
EnergyDow futures fall 300 points as Wall Street braces for potential U.S. ground assault on Iran and Houthi attacks that could slash oil supplies further
By Jason MaMarch 29, 2026
Russia was expecting a windfall from soaring oil prices, but relentless Ukrainian drone attacks are devastating nearly half its export capacity
EnergyRussia was expecting a windfall from soaring oil prices, but relentless Ukrainian drone attacks are devastating nearly half its export capacity
By Jason MaMarch 29, 2026
iran
EnergyGlobal economy takes gut punch from war in Iran, with nobody untouched the longer it goes on
By Paul Wiseman and The Associated PressMarch 29, 2026
sony
PoliticsSony raises PlayStation price another $100, second price hike in under a year
By Matt Ott and The Associated PressMarch 29, 2026
haile
CommentaryAmerica has a workforce crisis. The solution is already here — and it’s being wasted
By Gregory HaileMarch 29, 2026
Senator Elizabeth Warren
Real EstateThe ROAD Act passed by the Senate aims to expand America’s housing supply. It’s likely to shrink it instead
By Shawn TullyMarch 29, 2026
peter
CommentaryFormer Trump official: the U.S. can win the AI race — if it gets patent policy right
By Laura PeterMarch 29, 2026
Coal is back and nuclear is next: The Iran war is rewiring Asia’s energy future
EnergyCoal is back and nuclear is next: The Iran war is rewiring Asia’s energy future
By Nicholas GordonMarch 29, 2026
Saudi pipeline to bypass Hormuz hits 7 million barrel goal
EnergySaudi pipeline to bypass Hormuz hits 7 million barrel goal
By Emma Ross-Thomas and BloombergMarch 28, 2026
There are now nearly 50% more home sellers than buyers as mismatch widens to a record 630,000. But it’s only a buyer’s market if you can afford it
Real EstateThere are now nearly 50% more home sellers than buyers as mismatch widens to a record 630,000. But it’s only a buyer’s market if you can afford it
By Jason MaMarch 28, 2026
Dollar dominance is reinforced by the global oil trade, but the Iran war could give rise to the ‘petroyuan’ as the U.S. security shield weakens
EconomyDollar dominance is reinforced by the global oil trade, but the Iran war could give rise to the ‘petroyuan’ as the U.S. security shield weakens
By Jason MaMarch 28, 2026
U.S. debt suddenly draws weaker demand as $10 trillion must be rolled over this year amid Iran war. ‘The bond market remains undefeated’
EconomyU.S. debt suddenly draws weaker demand as $10 trillion must be rolled over this year amid Iran war. ‘The bond market remains undefeated’
By Jason MaMarch 28, 2026
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Economy
Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’placeholder alt text
By Fortune EditorsMarch 30, 2026
AI
A man used AI to call 3,000 Irish bartenders to track the cost of Guinness. Now pubs are lowering their prices to competeplaceholder alt text
By Fortune EditorsMarch 30, 2026
Success
A CEO trying to reindustrialize America says blue-collar pay is headed for 'massive hyperinflation' and kids should skip college to become weldersplaceholder alt text
By Fortune EditorsMarch 30, 2026
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