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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

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

“One of the things that commercial ships were waiting to see was whether or not this strait was clear, and sailing two destroyers in is a big one.”

By Jason MaApril 11, 2026

The petrodollar faces increased risk, but a petroyuan is ‘far-fetched’ as fears of U.S. losing superpower status are overhyped, strategist says

The petrodollar faces increased risk, but a petroyuan is ‘far-fetched’ as fears of U.S. losing superpower status are overhyped, strategist says

By Jason MaApril 11, 2026

Three oil supertankers sail through the Strait of Hormuz

Three oil supertankers sail through the Strait of Hormuz

By Julian Lee, Weilun Soon and BloombergApril 11, 2026

Some of cheapest fuel can be found on Native American reservations as tribes are exempt from state gas taxes

Some of cheapest fuel can be found on Native American reservations as tribes are exempt from state gas taxes

By Mead Gruver and The Associated PressApril 11, 2026

JD Vance begins talks with Iran in Pakistan while Trump claims U.S. has begun ‘clearing out’ the Strait of Hormuz

JD Vance begins talks with Iran in Pakistan while Trump claims U.S. has begun ‘clearing out’ the Strait of Hormuz

By Munir Ahmed, Sam Metz, E. Eduardo Castillo, Samy Magdy and The Associated PressApril 11, 2026

U.S. Navy ships transit Hormuz ahead of mine-clearing mission

U.S. Navy ships transit Hormuz ahead of mine-clearing mission

By Angela Cullen and BloombergApril 11, 2026

Latest Stories

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

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

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

Some communities are enduring unprecedented long waits on federal disaster requests, and Democrat-led states say they’re being denied

Politics Some communities are enduring unprecedented long waits on federal disaster requests, and Democrat-led states say they’re being denied

By Gabriela Aoun Angueira and The Associated PressApril 11, 2026

Average price of new cars nears $50,000 as automakers focus on big pickups and SUVs while cheaper sedans get phased out

Economy Average price of new cars nears $50,000 as automakers focus on big pickups and SUVs while cheaper sedans get phased out

By Alexa St. John and The Associated PressApril 11, 2026

Navy tests Hormuz blockade as expert says U.S. military prepares for round 2 and could degrade Iran’s hold over the strait to a ‘manageable level’

Politics Navy tests Hormuz blockade as expert says U.S. military prepares for round 2 and could degrade Iran’s hold over the strait to a ‘manageable level’

By Jason MaApril 11, 2026

Pakistan sends military force to Saudi Arabia as part of pact

Politics Pakistan sends military force to Saudi Arabia as part of pact

By Sara Gharaibeh and BloombergApril 11, 2026

Boeing’s moon rocket faces uncertain future under Trump’s NASA

Politics Boeing’s moon rocket faces uncertain future under Trump’s NASA

By Sana Pashankar and BloombergApril 11, 2026

More EnergyPage 4 of 100

Current price of oil as of March 31, 2026

Personal Finance Current price of oil as of March 31, 2026

By Joseph HostetlerMarch 31, 2026

Anil Agarwal, founder and chairman of Vedanta Group, at the CERAWeek by S&P Global conference in Houston, Texas, US, on Wednesday, March 25, 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 Energy ‘vulnerable’ India seeks U.S. help to produce more oil and wean itself off Russia, Middle East reliance amid geopolitical turmoil

By Jordan BlumMarch 31, 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

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

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

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

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

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

By Jason MaMarch 30, 2026

bessent

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

By Daniel Flatley and BloombergMarch 30, 2026

Current price of oil as of March 30, 2026

Personal Finance Current price of oil as of March 30, 2026

By Joseph HostetlerMarch 30, 2026

War against Iran to escalate as we approach six-week ‘TACO’ timetable, analysts say

Economy War against Iran to escalate as we approach six-week ‘TACO’ timetable, analysts say

By Jim EdwardsMarch 30, 2026

Tehran briefly loses power after strikes as peace push ramps up

Energy Tehran briefly loses power after strikes as peace push ramps up

By Patrick Sykes, Sherif Tarek and BloombergMarch 29, 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

Energy 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

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

Energy Russia 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

Energy Global 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

big tech

Environment Big tech was embracing clean energy and turning a corner on climate change. Then AI data centers arrived

By Tammy Webber and The Associated PressMarch 29, 2026

Photo of Elon Musk

Energy Elon Musk warns the U.S. could soon be producing more chips than we can turn on. And China doesn’t have the same issue

By Sasha RogelbergMarch 29, 2026

Coal is back and nuclear is next: The Iran war is rewiring Asia’s energy future

Energy Coal 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

Energy Saudi pipeline to bypass Hormuz hits 7 million barrel goal

By Emma Ross-Thomas and BloombergMarch 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

Economy 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

By Jason MaMarch 28, 2026

Ukraine looks to leverage its help to Arab Gulf states fighting off Iranian drones in exchange for interceptors against Russian missiles

Politics Ukraine looks to leverage its help to Arab Gulf states fighting off Iranian drones in exchange for interceptors against Russian missiles

By Volodymyr Yurchuk and The Associated PressMarch 28, 2026

Iranian attack on Saudi base injures at least 15 U.S. troops while 2,500 Marines arrive in the Mideast ahead of Trump’s new Hormuz deadline

Politics Iranian attack on Saudi base injures at least 15 U.S. troops while 2,500 Marines arrive in the Mideast ahead of Trump’s new Hormuz deadline

By Aamer Madhani, Samy Magdy, Ben Finley and The Associated PressMarch 28, 2026

As fuel prices soar on Iran war, some lawmakers push to suspend federal gas tax that pays for highway and public transit programs

Energy As fuel prices soar on Iran war, some lawmakers push to suspend federal gas tax that pays for highway and public transit programs

By Matthew Daly and The Associated PressMarch 28, 2026

hormuz

Commentary Iran’s Hormuz toll booth points toward an L-shaped price plateau, not the V-shaped recovery traders want

By Siddharth MisraMarch 28, 2026

barlow

Commentary Data centers aren’t breaking the grid. A broken grid is

By Brian BarlowMarch 28, 2026

Wael Sawan, chief executive officer of Shell Plc, at the CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 24, 2026. The event convenes more than 11,000 participants from over 2,350 companies across 90 countries for dialogue on the agenda ahead as the world enters a new era of energy transition. Photographer: F. Carter Smith/Bloomberg via Getty Images

Energy An uneasy mix of celebration and anxiety dominates the ‘Davos of energy’ as the month-long Iran war further disrupts the global economy

By Jordan BlumMarch 28, 2026

Meta's Hyperion data-center site in Northeastern Louisiana.

Energy Meta orders 10 gas-fired power plants for its Hyperion AI campus in rural Louisiana—more than triple the initial plan

By Jordan BlumMarch 27, 2026

Israel strikes Iran’s nuclear facilities as Tehran vows retaliation ‘will no longer be an eye for an eye’

Politics Israel strikes Iran’s nuclear facilities as Tehran vows retaliation ‘will no longer be an eye for an eye’

By Jon Gambrell, David Rising and The Associated PressMarch 27, 2026

The Iran war could drag into 2027, analyst warns. The economic fallout is just getting started

Middle East The Iran war could drag into 2027, analyst warns. The economic fallout is just getting started

By Jason MaMarch 27, 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.

Energy The big stock market correction that Trump can’t talk his way out of is official

By Eva RoytburgMarch 27, 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

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

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

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