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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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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

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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

1

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

2

A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

3

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
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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 Iran war may kill the ‘freedom of seas’ worldwide and everyone would pay the price
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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The U.S. built its brand by attracting the world’s best and brightest. It must not lose that advantage
Commentary
The U.S. built its brand by attracting the world’s best and brightest. It must not lose that advantage
By John A. QuelchAugust 18, 2026
Anthropic CEO Dario Amodei.
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David Sacks says Anthropic’s Dario Amodei wants a ‘DMV for AI.’ But plenty of industries thrive despite safety regulation
By Jeremy KahnAugust 18, 2026
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The Best Labor Day Treadmill Sales of 2026: Save on Top Treadmills for Your Home Gym
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The Best Labor Day Treadmill Sales of 2026: Save on Top Treadmills for Your Home Gym
By Christina SnyderAugust 18, 2026
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With the national debt nearing $40 trillion, Bank of America has a warning for bond investors
By Joshua HongAugust 18, 2026
The Best Labor Day Fitness Sales of 2026: Save on Treadmills, Rowers, and More
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By Christina SnyderAugust 18, 2026
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Meet the venture capital and crypto billionaires quietly bankrolling the fight against California’s wealth tax
By Mia OsmonbekovAugust 18, 2026
OpenAI says it paused AI training for two weeks and announces new security protocols following Hugging Face hack
AI
OpenAI says it paused AI training for two weeks and announces new security protocols following Hugging Face hack
By Emily ForliniAugust 18, 2026
More EnergyPage 3 of 100
Current price of oil as of August 4, 2026
Personal Finance
Current price of oil as of August 4, 2026
By Joseph HostetlerAugust 4, 2026
The Danube is running dry, and Europe’s power grid is suffering as a result
Environment
The Danube is running dry, and Europe’s power grid is suffering as a result
By Justin Spike and The Associated PressAugust 3, 2026
A ship sails on the ocean near the Strait of Hormuz
Energy
The Iran war already has a winner: The world’s largest shipbroker notching record earnings from the ‘exceptional volatility’ in the Strait of Hormuz
By Sasha RogelbergAugust 3, 2026
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Economy
Oil tumbles and stock futures surge after Trump said Iran deal was near
By The Associated Press, Elaine Kurtenbach and Matt OttAugust 3, 2026
Photo of worker polishing rare earth metal ingot
Energy
America’s $500 million bet on rare earths depends on a tiny New Hampshire refinery scaling from 200 kg to 120 tonnes in 2 years
By Didi Tang, Josh Funk, Rodrique Ngowi and The Associated PressAugust 3, 2026
Current price of oil as of August 3, 2026
Personal Finance
Current price of oil as of August 3, 2026
By Joseph HostetlerAugust 3, 2026
Markets signal investors are back in buying mode again after Kospi’s record surge, while Trump gives peace a chance with latest Iran reversal
Investing
Markets signal investors are back in buying mode again after Kospi’s record surge, while Trump gives peace a chance with latest Iran reversal
By Jason MaAugust 2, 2026
Here’s how Trump has zig zagged with on-again, off-again strikes throughout the Iran war
Energy
Here’s how Trump has zig zagged with on-again, off-again strikes throughout the Iran war
By Melanie Lidman and The Associated PressAugust 2, 2026
As Trump balks again at escalating war, Iran smells ‘blood in the water’ and looks to exploit its newfound strategic advantage, experts say
Middle East
As Trump balks again at escalating war, Iran smells ‘blood in the water’ and looks to exploit its newfound strategic advantage, experts say
By Jason MaAugust 2, 2026
Fortune Archives: The oil boom that never ended
Newsletters
Fortune Archives: The oil boom that never ended
By Indrani SenAugust 2, 2026
Welcome to the mega-war: Mideast and European conflicts merge, sucking in more countries along the way—even ones claiming neutrality
Middle East
Welcome to the mega-war: Mideast and European conflicts merge, sucking in more countries along the way—even ones claiming neutrality
By Jason MaAugust 1, 2026
Exxon, Chevron warn fuel prices to endure as war knocks refining
Energy
Exxon, Chevron warn fuel prices to endure as war knocks refining
By Kevin Crowley and BloombergAugust 1, 2026
Mike Wirth, chief executive officer of Chevron.
Energy
Chevron posts largest quarterly profit ever, and Exxon income surges as Iran war squeezes oil supply
By Jordan BlumJuly 31, 2026
oil
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Chevron’s profit nearly quadrupled. Drivers are paying for it at $4 a gallon
By Cathy Bussewitz and The Associated PressJuly 31, 2026
Current price of oil as of July 31, 2026
Personal Finance
Current price of oil as of July 31, 2026
By Joseph HostetlerJuly 31, 2026
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires
Success
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires
By Sydney LakeJuly 30, 2026
Bank of England (BoE) Governor Andrew Bailey, right, and BoE Deputy Governor Clare Lombardelli attend the Monetary Policy Report press conference.
Banking
Bank of England keeps interest rates at 3.75% for fifth time this year
By The Associated Press and Danica KirkaJuly 30, 2026
Current price of oil as of July 30, 2026
Personal Finance
Current price of oil as of July 30, 2026
By Joseph HostetlerJuly 30, 2026
Dow COO Karen Carter wearing a white lab coat and sitting while smiling
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Dow’s new CEO is ‘blessed to be stressed’—and steering a turnaround amid oil market upheaval
By Jordan BlumJuly 30, 2026
nyse
Energy
Dow drops over 1,100 points as sinking tech stocks combine with jumping oil prices to drag markets down
By Stan Choe and The Associated PressJuly 29, 2026
Photo of Kevin Warsh
Energy
Fed expected to hold rates as Iran-Jordan clash reignites war fears, with oil prices jumping more than 4%
By Yuri Kageyama, Matt Ott and The Associated PressJuly 29, 2026
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A pound of ground beef now costs $6.82 — and that number is crushing consumer confidence
By Matt Ott and The Associated PressJuly 29, 2026
Current price of oil as of July 29, 2026
Personal Finance
Current price of oil as of July 29, 2026
By Joseph HostetlerJuly 29, 2026
Current price of oil as of July 28, 2026
Personal Finance
Current price of oil as of July 28, 2026
By Joseph HostetlerJuly 28, 2026
‘The UAE has been a fantastic investor’: Jeff Zucker hails UAE partnership after Banijay merger
Newsletters
‘The UAE has been a fantastic investor’: Jeff Zucker hails UAE partnership after Banijay merger
By Melissa HancockJuly 28, 2026
Record heat gives way to global winter gas shortage fears as Iran war rages on
Energy
Record heat gives way to global winter gas shortage fears as Iran war rages on
By Jordan BlumJuly 28, 2026
guano
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The Strait of Hormuz isn’t fertilizer’s first starring role — an 1856 law still defines U.S. overseas territory
By Edward D. Melillo and The ConversationJuly 27, 2026
U.S. to reopen border to Mexican cattle imports after screwworm ban
North America
U.S. to reopen border to Mexican cattle imports after screwworm ban
By The Associated PressJuly 27, 2026
Photo of man walking past anti-U.S. graffit "Down with USA" in Tehran
Asia
U.S. and Iran edge toward talks as Hormuz shipping hits three-week low, regional officials say
By The Associated Press, Samy Magdy and Elena BecatorosJuly 27, 2026
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Economy
Fuel prices stemming from a war in Iran is reshaping daily life for people in the U.S. and Chile to Turkey and Nepal
By The Associated Press and Aniruddha GhosalJuly 27, 2026
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Energy
U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oilplaceholder alt text
By Sasha RogelbergAugust 17, 2026
Success
A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't deadplaceholder alt text
By Orianna Rosa RoyleAugust 18, 2026
Success
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 Europeplaceholder alt text
By Emma BurleighAugust 17, 2026
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