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U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

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Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe

3

Current price of oil as of August 17, 2026

1

U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

2

Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe

3

Current price of oil as of August 17, 2026

Energy

Energy

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

Data center gas plants to boost U.S. power emissions by 20%

Data center gas plants to boost U.S. power emissions by 20%

Ninety-nine proposed gas plants to power AI data centers could lift emissions by up to a third, with Amazon and Microsoft among the developers

By Matt Day, Mark Chediak and BloombergAugust 18, 2026

Current price of oil as of Aug. 18, 2026

Current price of oil as of August 18, 2026

By Joseph HostetlerAugust 18, 2026

BANDAR ABBAS, IRAN - A person wades in the water as ships are seen anchored in the Strait of Hormuz on Aug. 10, 2026 off the coast of Bandar Abbas, Iran. In a recent statement, Iran's Supreme National Security Council said the vital waterway would not reopen until the United States corrects its behavior, demanding that the U.S. end its war on Iran and compensate the country for war damage, among other conditions. Iran has largely halted vessel traffic through the strait with the threat of strikes; meanwhile, the U.S. has imposed a blockade on Iranian ports.

The global ‘freedom of the seas’ is dying in the Strait of Hormuz—and everyone, everywhere, could pay the tolls

By Jordan BlumAugust 18, 2026

Photo of Chris Wright speaking at a podium

U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

By Sasha RogelbergAugust 17, 2026

Photo of Trump and American flags

Trump’s Venezuela fixer is promoting ‘America First’ oil deals

By Fabiola Zerpa, Ezra Fieser, Patricia Garip, Ben Bartenstein and BloombergAugust 17, 2026

Current price of oil as of Aug. 17, 2026

Current price of oil as of August 17, 2026

By Joseph HostetlerAugust 17, 2026

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More Energy

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Covert mideast oil flows are keeping global prices in check

By Alex Longley, Anthony Di Paola, Grant Smith, Weilun Soon and BloombergAugust 16, 2026

Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it

Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it

By Jason MaAugust 15, 2026

What Bessent’s economic isolation of Iran could look like

What Bessent’s economic isolation of Iran could look like

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Iran, Oman home in on Hormuz Strait deal as ship attacks mount

Iran, Oman home in on Hormuz Strait deal as ship attacks mount

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Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out

Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out

By Jason MaAugust 14, 2026

Hunt for AI-proof trades turns convenience shops into hot stocks

Hunt for AI-proof trades turns convenience shops into hot stocks

By Norah Rami and BloombergAugust 14, 2026

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A proposed clean-energy rule could shake up corporate America—and your portfolio

By Mike FeibusAugust 14, 2026

Current price of oil as of Aug. 14, 2026

Personal Finance

Current price of oil as of August 14, 2026

By Joseph HostetlerAugust 14, 2026

A small Texas company’s bid to create a Greenland oil boom—and a Dr. Phil documentary—is delayed but undaunted

A small Texas company’s bid to create a Greenland oil boom—and a Dr. Phil documentary—is delayed but undaunted

By Jordan BlumAugust 14, 2026

Current price of oil as of Aug. 13, 2026

Personal Finance

Current price of oil as of August 13, 2026

By Joseph HostetlerAugust 13, 2026

The Philippines needs ‘power of all sorts’ to build energy security following a nationwide crisis, says Prime Infra CEO Guillaume Lucci

The Philippines needs ‘power of all sorts’ to build energy security following a nationwide crisis, says Prime Infra CEO Guillaume Lucci

By Angelica AngAugust 13, 2026

BofA to plow $250 billion into critical infrastructure projects

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By Eva RoytburgAugust 12, 2026

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Wall Street futures rise ahead of inflation report as the Fed watches surging costs

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Current price of oil as of Aug. 12, 2026

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Current price of oil as of August 12, 2026

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The Gulf’s AI boom is driving the race to control the data highways

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The Gulf wants to break free from the world’s data chokepoints

The Gulf wants to break free from the world’s data chokepoints

By Melissa HancockAugust 12, 2026

Iran wants a mafia-style ‘protection’ toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dream

Iran wants a mafia-style ‘protection’ toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dream

By Jordan BlumAugust 12, 2026

Jellyfish lay on the shore near the Gravelines nuclear power plant in Gravelines, northern France.

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By Bloomberg and Eamon Akil FarhatAugust 11, 2026

Ships are anchored in the Strait of Hormuz on August 10, 2026 off the coast of Bandar Abbas, Iran.

U.S. stocks fall after Iran says Strait of Hormuz will remain shut

By Bloomberg, Norah Rami and Elena EisenstadtAugust 11, 2026

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Germany weighs options as low water levels trigger price surges

By Bloomberg and Kamil KowalczeAugust 11, 2026

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‘Chronic’ heat risk in Europe draws warning from Swiss Re

By Bloomberg and Gautam NaikAugust 11, 2026

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Oil prices reverse gains in Strait of Hormuz standoff as Wall Street inches up ahead of inflation numbers

By The Associated Press, Elaine Kurtenbach and Matt OttAugust 11, 2026

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Houthi attacks in Yemen threaten new shipping crisis in Red Sea as Iran digs in on Hormuz demands

By The Associated PressAugust 11, 2026

Current price of oil as of Aug. 11, 2026

Personal Finance

Current price of oil as of August 11, 2026

By Joseph HostetlerAugust 11, 2026

Trump amps up pressure on billionaire Sargeant to exit Venezuela

Trump amps up pressure on billionaire Sargeant to exit Venezuela

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The world crossed a major solar milestone. No one noticed

By Akshat Rathi and BloombergAugust 10, 2026

Iran says it will reopen Straight of Hormuz — as soon as the U.S. makes ‘amends’

By The Associated PressAugust 10, 2026

Current price of oil as of August 10, 2026

Personal Finance

Current price of oil as of August 10, 2026

By Joseph HostetlerAugust 10, 2026

Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf

Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf

By Jason MaAugust 9, 2026

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Most Popular

U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

placeholder alt text

By Sasha RogelbergAugust 17, 2026

Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe

placeholder alt text

By Emma BurleighAugust 17, 2026

Personal Finance

Current price of oil as of August 17, 2026

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By Joseph HostetlerAugust 17, 2026

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