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Energy

All things energy: oil, natural gas, renewable energy, electricity, and other sources of power.
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As fuel prices soar on Iran war, some lawmakers push to suspend federal gas tax that pays for highway and public transit programs

The federal gas tax is currently set at 18.4 cents per gallon on gasoline and 24.4 cents per gallon on diesel fuel. That does not include state taxes, which often are higher.

By Matthew Daly and The Associated PressMarch 28, 2026
hormuz
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
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
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.
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
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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
Latest Stories
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EconomyU.S. debt suddenly draws weaker demand as $10 trillion must be rolled over this year amid Iran war. ‘The bond market remains undefeated’
By Jason MaMarch 28, 2026
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C-SuiteMeta executives could earn nearly $1 billion each if they hit goals in pursuit of a $9 trillion valuation
By Claire ZillmanMarch 28, 2026
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Travel & LeisureAirbnbs are topping $6,000 a night in World Cup housing frenzy
By Maya Davis, Brandon Sapienza and BloombergMarch 28, 2026
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Economy‘Airport Dad’ faces reckoning amid long lines as travelers told not to arrive too early: ’90 minutes before departure is all you need’
By John Seewer and The Associated PressMarch 28, 2026
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Real EstateBiden’s Build America, Buy America law spurs affordable housing bottleneck as Trump’s federal staffing cuts slow waiver approvals
By Charlotte Kramon and The Associated PressMarch 28, 2026
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PoliticsTrump signs order to pay TSA workers after House GOP rejects deal to end shutdown. ‘America’s air travel system has reached its breaking point’
By Kevin Freking, Lisa Mascaro, Joey Cappelletti and The Associated PressMarch 28, 2026
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PoliticsIran-backed Houthis claim first missile launch on Israel, raising fears they will attack ships in the Red Sea and disrupt traffic through Suez Canal
By Samy Magdy, Aamer Madhani, Jon Gambrell and The Associated PressMarch 28, 2026
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EconomyThe stay-at-home boyfriend is now an economic trend as more women than men go to work
By Catherina GioinoMarch 28, 2026
More Energy
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Middle EastThe 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.
EnergyThe big stock market correction that Trump can’t talk his way out of is official
By Eva RoytburgMarch 27, 2026
Current price of oil as of March 27, 2026
Personal FinanceCurrent price of oil as of March 27, 2026
By Joseph HostetlerMarch 27, 2026
hormuz
EnergyTrump’s big accomplishment in Iran is ‘de facto ‘toll booth’ regime’ in the Strait of Hormuz, shipping analyst says
By David McHugh, Jon Gambrell and The Associated PressMarch 27, 2026
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Big TechAnthropic accidentally leaked details of a new AI model that poses unprecedented cybersecurity risks
By Jim EdwardsMarch 27, 2026
Jim Fitterling, chief executive officer of Dow Inc., 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: F. Carter Smith/Bloomberg via Getty Images
EnergyDow CEO warns petrochemical shortage from Iran war could fuel inflation for rest of the year
By Jordan BlumMarch 27, 2026
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EconomyTrump’s war in Iran is costing the U.S. economy 10,000 jobs a month, Goldman Sachs says
By Nick LichtenbergMarch 26, 2026
A man walks by the dairy section at a supermarket in Houston, Texas, on March 17, 2026.
EconomyHow badly the war in Iran is impacting your finances depends on where you live
By Eleanor PringleMarch 26, 2026
Current price of oil as of March 26, 2026
Personal FinanceCurrent price of oil as of March 26, 2026
By Joseph HostetlerMarch 26, 2026
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PoliticsIran is already charging a toll, in Yuan, for oil sold through Strait of Hormuz as American ground troops prepare to enter
By Jon Gambrell, David Rising and The Associated PressMarch 26, 2026
Photo: Donald Trump
EconomyTrump says he wants the war wrapped up as fuel prices nuzzle up to $9 a gallon in California
By Jim EdwardsMarch 26, 2026
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Politics‘We do not plan on any negotiations’: Iran laughs at White House’s claims of cease-fire talks
By Jon Gambrell, Mike Corder, Munir Ahmed, Aamer Madhani and The Associated PressMarch 25, 2026
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AIBernie Sanders and AOC launch bill to ban new data-center construction
By Matthew Daly and The Associated PressMarch 25, 2026
Jack Fusco, chief executive officer of Cheniere Energy, at the CERAWeek by S&P Global conference in Houston.
EnergyU.S. natural gas exporters literally answer Asia’s calls for ‘help’ from the Iran war, but aid can’t come overnight
By Jordan BlumMarch 25, 2026
Pete Hegseth speaks behind a podium as Donald Trump watches behind him.
EconomyMark Zandi warns recession odds are creeping toward 50%, and the Iran war could launch us into economic turmoil by midyear
By Sasha RogelbergMarch 25, 2026
People on a breakwater backdropped by commercial vessels anchored in the Gulf, near the Strait of Hormuz, on March 22, 2026 in Ajman, United Arab Emirates.
EnergyTrump wrote the tariff playbook. Now Iran is using it on the world’s most important oil route
By Eva RoytburgMarch 25, 2026
Current price of oil as of March 25, 2026
Personal FinanceCurrent price of oil as of March 25, 2026
By Joseph HostetlerMarch 25, 2026
Larry Fink, chief executive officer of BlackRock Inc., during BlackRock's 2026 Infrastructure Summit in Washington, DC, US, on Wednesday, March 11, 2026.
EconomyLarry Fink says the Iran war ends in one of two extremes: Abundance, growth, and oil at $40 a barrel—or global recession and years of oil at $150
By Eleanor PringleMarch 25, 2026
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EnergyOn Iran, Trump is open to a deal but he also has ‘a fist, waiting to punch you in the [expletive] face,’ White House insider says
By Jim EdwardsMarch 25, 2026
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EconomyGoldman raises recession odds to 30% on higher inflation, lower GDP outlook as oil prices surge
By Nick LichtenbergMarch 25, 2026
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CommentaryEurope has survived 3 energy shocks in 4 years. The only way out is to stop buying power from its enemies
By David FrykmanMarch 25, 2026
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EnergyIran, the $39 trillion national debt and dedollarization: How Trump exposed America’s Achilles Heel in Hormuz
By Nick LichtenbergMarch 24, 2026
Two People Faces Talking Discussion Communication Stock Market Insider 3d Illustration
EnergyNobel laureate Paul Krugman calls it ‘treason’: $580 million in suspicious oil futures traded minutes before Trump’s Iran reversal
By Eva RoytburgMarch 24, 2026
U.S. President Donald Trump speaks to reporters before boarding Air Force One at Palm Beach International Airport on March 23, 2026 in West Palm Beach, Florida.
EnergyTrump’s trillion-dollar TACO that wasn’t: Iran confronts the master of the deal with a partner he can’t bully
By Eva RoytburgMarch 24, 2026
Philippine President Marcos oversees fuel subsidy rollout for public transport in Metro Manila
EnergyPhilippine president declares state of emergency due to “imminent danger of a critically low energy supply”
By The Associated PressMarch 24, 2026
Current price of oil as of March 24, 2026
Personal FinanceCurrent price of oil as of March 24, 2026
By Joseph HostetlerMarch 24, 2026
Kirby gestures
EnergyAirlines are preparing for the worst as Iran war enters its fourth week. But demand is still strong, and travelers are willing to pay higher fares
By Jacqueline MunisMarch 24, 2026
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EnergyTrump despises wind farms so much he’s paying a French energy giant $1 billion to stop building them and invest in natural gas instead
By Jordan BlumMarch 23, 2026
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Middle EastPutin is the real winner in Trump’s Iran war as it puts Russian oil back on the map
By Marco Quiroz-GutierrezMarch 23, 2026
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EnergyChevron’s CEO says oil prices are still too low—and the effects of the Strait of Hormuz closure are not ‘fully priced in’
By Jordan BlumMarch 23, 2026
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Success
Meetings are not work, says Southwest Airlines CEO—and he’s taking action by blocking his calendar every afternoon from Wednesday to Friday An image of a popular article
By Fortune EditorsMarch 27, 2026
Personal Finance
Current price of gold as of March 27, 2026An image of a popular article
By Fortune EditorsMarch 27, 2026
AI
Exclusive: Anthropic acknowledges testing new AI model representing ‘step change’ in capabilities, after accidental data leak reveals its existenceAn image of a popular article
By Fortune EditorsMarch 26, 2026
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