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Energy

All things energy: oil, natural gas, renewable energy, electricity, and other sources of power.

Chevron’s CEO says oil prices are still too low—and the effects of the Strait of Hormuz closure are not ‘fully priced in’

“Physical supply changes don’t respond immediately,” said Wirth. “Even when strait reopens at some point, it will take time.”

By Jordan BlumMarch 23, 2026

fatih birol

The Iran oil crisis is the worst energy shock ever recorded. World leaders aren’t ready, says IEA chief

By Jake AngeloMarch 23, 2026

‘Capital is a coward’: A whole new world of elevated risk will stay embedded in global markets, keeping prices higher everywhere

By Jason MaMarch 23, 2026

birol

Iran War poses ‘major, major threat’ to global economy, energy chief says

By Charlotte Graham-McLay and The Associated PressMarch 23, 2026

Current price of oil as of March 23, 2026

Current price of oil as of March 23, 2026

By Joseph HostetlerMarch 23, 2026

Markets in meltdown after Trump threatens major escalation in the war against Iran

By Jim EdwardsMarch 23, 2026

Latest Stories

Banking Iran issues its largest-ever currency denomination as accelerating inflation ravages a financial sector deemed a ‘Ponzi scheme’ even before the war

By Jason MaMarch 23, 2026

Toilet paper on empty supermarket shelves, lockdown panic buying

Economy The great toilet paper panic is back as Japan starts stockpiling

By Eva RoytburgMarch 23, 2026

trump

C-Suite I’ve known Trump for 25 Years and advised 5 presidents. Here’s the playbook he’s been running—and why underestimating him is a mistake

By Jeffrey Sonnenfeld and Steven TianMarch 23, 2026

zuckerberg on a screen in court

Law One in three teens ‘experienced problematic use’ of Meta platforms: closing arguments begin in landmark New Mexico social media trial

By The Associated Press and Morgan LeeMarch 23, 2026

A Homeland Security Investigations federal agent stands at an airport security checkpoint.

Politics Largest federal workers union warns ICE agents are not trained to replace TSA and putting them in airports ‘does not fill a gap. It creates one’

By Sasha RogelbergMarch 23, 2026

man on stage at conference

Crypto Strategy purchases another $76 million worth of Bitcoin, all through sales of common stock

By Carlos GarciaMarch 23, 2026

students take notes in a lecture hall

Success High Point University has turned ‘life skills’ into a magnet for the Wall Street elite with a 99.2% job placement rate

By Preston ForeMarch 23, 2026

Warren Buffett with Creighton basketball temporary tattoos on his face

C-Suite Kalshi takes a page from Warren Buffett’s March Madness playbook by offering $1 billion for a perfect bracket

By Jacqueline MunisMarch 23, 2026

More EnergyPage 34 of 100

Prices for gas and diesel fuel, over $5 a gallon, are displayed at the pump of a petrol station in Monterey Park, Calif., on March 4, 2022. Californians filling up their cars on March 4 winced at the spiraling cost of gasoline, but largely shrugged as residents of the state that has long had the highest gas prices in the United States.

Energy Gasoline soars above $4 a gallon for most U.S. drivers, highest price since 2008

By David Stringer and BloombergMarch 6, 2022

An armchair in a kindergarten in the Chernobyl zone in Prypiat, Ukraine, is shown in this undated file photo.

Energy Macron, Putin call focuses on safety standards at Chernobyl, other nuclear plants

By The Associated PressMarch 6, 2022

A construction worker is seen through the porthole of an under construction fuel storage tank at the VTTV oil storage terminal, a joint venture of Vitol Group and MISC Bhd., in Vasilikos, Cyprus, on Friday, Feb. 21, 2014.

Energy Oil market to get even tighter on Russia disruptions, world’s biggest independent crude trader says

By Paul Wallace and BloombergMarch 6, 2022

Fuel prices on a pump filling station at a Shell gas station in Boston, Mass., on Tuesday, March 1, 2022. Democratic efforts to define the party's energy policies are facing mounting pressure as surging gasoline prices, Russia's invasion of Ukraine, and the collapse in Congress of President Joe Bidens climate spending package heighten scrutiny of their agenda.

Energy Shell says it bought Russian oil after government talks

By Archie Hunter, Laura Hurst and BloombergMarch 5, 2022

Ukrainian President Volodymyr Zelensky looks on at a press conference for selected media at his official residence the Maryinsky Palace on March 3,2022, in Kyiv, Ukraine.

Energy Ukrainian president asks U.S. for no-fly zone in first address to Congress over Zoom

By Daniel Flatley, Jennifer Jacobs and BloombergMarch 5, 2022

Energy While the Russian army invades Ukraine, Putin has already quietly taken over another European country

By Tristan BoveMarch 5, 2022

Key Speakers At The 2016 Milken Conference

Tech Elon Musk’s brother and Tesla board member says he’s ‘violently opposed’ to cryptocurrency

By Mahnoor KhanMarch 4, 2022

A screen grab captured from a video shows a view of Zaporizhzhia nuclear power plant during a fire following clashes around the site in Zaporizhzhia, Ukraine on March 4, 2022.

Energy How Russia’s capture of Europe’s biggest nuclear power station could become a bigger disaster than Chernobyl

By David MeyerMarch 4, 2022

Honolulu skyline

Energy Mainland America doesn’t rely heavily on Russian oil, but Hawaii does

By Nicole GoodkindMarch 3, 2022

Vladimir Putin oil pipeline

Energy Crippling Russia with an oil embargo would send U.S. gas prices soaring. In Europe, it could lead to death

By Sophie MellorMarch 3, 2022

Commentary As Russia invades Ukraine, U.S. LNG stands for ‘energy security’

By Mike SommersMarch 3, 2022

Vladimir Putin

Politics Putin’s war in Ukraine is being fueled by the world’s addiction to oil

By Nicole GoodkindMarch 2, 2022

Major oil producers worldwide

Energy OPEC+ refuses to budge, citing a ‘well-balanced market’ as the price of oil soars in the West

By Sophie MellorMarch 2, 2022

Lukoil-West Siberia oil and gas company

Energy Russia’s second-largest oil producer just posted its biggest profit in at least 7 years amid war in Ukraine and a surge in energy prices

By BloombergMarch 2, 2022

Shell employee during a fuel delivery

Energy Shell reportedly continues to purchase oil and gas from Russia amid invasion, expert says

By Laura Hurst and BloombergMarch 2, 2022

Russian President Vladimir Putin sits at a desk

Newsletters NATO and its allies avoided sanctioning Russian energy over Ukraine. Oil prices are hitting record highs anyway

By Eamon BarrettMarch 2, 2022

Woman charges her electric car

Energy Rival fuel makers unite in opposing Biden’s push for electric vehicles

By Joel Rosenblatt and BloombergMarch 1, 2022

An engineer performs maintenance at a wind-turbine farm.

Commentary Climate change: What we will need to spend, and what we will need to change, to reach net zero

By Hamid Samandari and Mekala KrishnanMarch 1, 2022

Two men standing in front of a wall of fans with the countryside in the background

Environment Giant fans made by this Swiss startup are sucking planet-warming CO2 right out of the sky

By Bernhard WarnerMarch 1, 2022

MPW BP just became the only Big Oil firm to have more women than men in its top executive team

By Laura Hurst and BloombergMarch 1, 2022

An aerial view of a crude oil storage facility in Cushing, Oklahoma

Energy Allies are considering releasing 60 million barrels of emergency oil reserves amid Russia’s invasion of Ukraine

By Jennifer Jacobs, Alex Morales, Saleha Mohsin and BloombergFebruary 28, 2022

Environment Bombshell climate report warns window to secure a livable future is closing

By Eric Roston, Leslie Kaufman and BloombergFebruary 28, 2022

Energy BP risks $25 billion hit from fire sale of Russia assets as Putin’s economy teeters on the brink

By Christiaan HetznerFebruary 28, 2022

$fracking$

Environment Green orgs accuse oil and gas industry of ‘taking advantage’ of Russian invasion of Ukraine

By Nicole GoodkindFebruary 25, 2022

German Chancellor Olaf Scholz

Energy Putin might have just kick-started Europe’s green energy revolution—too bad Germany doubled down on natural gas

By Tristan BoveFebruary 25, 2022

Commentary How not to impose sanctions

By Desirée LeClercqFebruary 25, 2022

24 February 2022, Berlin: Participants in a solidarity demonstration for Ukraine stand in Paris Square with a poster "Cut Swift Cut Russia Off".

Finance Anger explodes at Germany, Italy, and Hungary over Europe’s failure to cut Russia off from SWIFT payment network

By David MeyerFebruary 25, 2022

Vehicles drive to a gas station in Kramatorsk, Ukraine on February 24, 2022.

Energy Gas prices are soaring in the U.S. and Europe. Here’s how much you could end up paying.

By Carmela ChirinosFebruary 24, 2022

Ukrainian soldiers in the Chornobyl Exclusion Zone.

Energy Russian forces have captured the Chernobyl nuclear power plant in one of the most dangerous threats to Europe right now

By Tristan BoveFebruary 24, 2022

Energy Gas prices are up 62% in Europe amid Russian Ukraine invasion

By Anna Shiryaevskaya and BloombergFebruary 24, 2022

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Dairy Queen CEO says he learned from Warren Buffett being the 'smartest person in the world' isn't the most important attribute for success

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By Fortune EditorsMarch 21, 2026

As Trump eyes climactic battle for Hormuz, he could give Iran a 'taste of their own medicine' with a naval blockade that implodes the economy

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By Fortune EditorsMarch 22, 2026

'Godfather of AI' says tech companies aren’t concerned with the AI endgame. They’re focused on short-term profits instead

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By Fortune EditorsMarch 21, 2026

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