Fortune

Fertilizer prices soar as Strait of Hormuz tensions rise—forcing U.S. farmers to rethink spring planting

Geopolitical turmoil is driving fertilizer prices up 30%, forcing tough crop choices, former USDA chief economist Seth Meyer told Fortune. “A bad decision this year could be pretty costly.”

By Sasha RogelbergMarch 12, 2026

A sign reading 'out of stock' is displayed at a gas station amid rising petrol prices in Manila, the Philippines

The Iran war is reviving remote work across the world — from Denmark to Vietnam

By Tristan BoveMarch 12, 2026

Trump’s Iran war could hike national debt by $65 million in 60 days, while tariffs add another crushing blow

By Shawn TullyMarch 12, 2026

Trump just put Republicans’ hold on the Senate at risk while sending the national debt higher, Morgan Stanley says

By Nick LichtenbergMarch 12, 2026

U.S. President Donald Trump speaks to the press after landing on Air Force One on March 11, 2026 at Joint Base Andrews, Maryland.

Stagflation risks are rising due to Iran conflict, as economist warns it’s ‘getting harder to argue disruption will be temporary’

By Eleanor PringleMarch 12, 2026

Photo: Infographic with map showing the Strait of Hormuz, locating floating objects (generally boats) captured by the Sentinel-1 radar satellite, before and after the announcement of the blockade of the strait by the Iranian Revolutionary Guard, according to an AFP analysis (Graphic by Valentin RAKOVSKY and Julie PEREIRA / AFP)

Oil went over $100 again after the U.S. admitted it cannot control the Strait of Hormuz

By Jim EdwardsMarch 12, 2026

Middle East