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broker
Goldman raises recession odds to 30% on higher inflation, lower GDP outlook as oil prices surge

Goldman said it expected six weeks of Hormuz disruption, with Brent crude averaging $105 per barrel in March and $115 in April before retreating to $80.

By Nick LichtenbergMarch 25, 2026
‘Russia is the only one responsible’: Moldova imposes 60-day energy emergency after Russian strikes in Ukraine
By The Associated Press, Stephen McGrath and Aurel ObrejaMarch 24, 2026
trump
Iran, the $39 trillion national debt and dedollarization: How Trump exposed America’s Achilles Heel in Hormuz
By Nick LichtenbergMarch 24, 2026
Farmer standing in front a soybean farm
Soaring fertilizer prices could pressure a U.S. agricultural industry that supports 50 million jobs and over $10 trillion in output
By Tristan BoveMarch 24, 2026
As war continues to rage, the World Economic Forum is the latest to postpone Gulf conference in Saudi 
By Kamal AhmedMarch 24, 2026
Current price of oil as of March 24, 2026
Current price of oil as of March 24, 2026
By Joseph HostetlerMarch 24, 2026
Latest Stories
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By Allie GarfinkleMarch 25, 2026
America’s largest Medicaid insurer is making a move into building affordable housing, Centene CEO Sarah London announced at Fortune's Brainstorm Health conference in Dana Point, Calif., on Monday, May 20, 2024.
NewslettersThe youngest-ever female Fortune 500 CEO is reinventing the largest Medicaid insurer amid funding cuts and rising costs
By Diane BradyMarch 25, 2026
Personal FinanceToday’s top high-yield savings rates: Up to 5.00% on March 25, 2026
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Personal FinanceTop CD rates today, March 25, 2026: Lock in up to up to 4.20%
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NewslettersAI plot twist: Why did OpenAI kill its Sora video star?
By Alexei OreskovicMarch 25, 2026
retirement
CommentaryOur retirement system gets a C-plus; policymakers have an opportunity to make it A grade
By Chris MahoneyMarch 25, 2026
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By FortuneMarch 25, 2026
david-f
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
More Middle EastPage 4 of 26
A bomb disposal officer in 1945 pulling a mine from the sea on the South East coast of Britain near Hythe.
Middle EastIran’s simplest weapon is now holding the global economy hostage
By Eva RoytburgMarch 13, 2026
grocery store
EnergyOil and fertilizer prices are climbing. Your grocery bill may follow
By Jake AngeloMarch 13, 2026
Nepali consumers wait in line carrying empty LPG cylinders as they rush to gas depots to refill them as growing tensions in West Asia halt the supply in Kathmandu, Nepal, on March 12, 2026. People wait for hours hoping to refill their gas cylinders. While some manage to purchase filled cylinders, many others return empty-handed as supplies remain limited. The disruption follows the escalating conflict involving the United States, Israel, and Iran, which heightens tensions across the Gulf region. Shipping through the Strait of Hormuz, a key maritime route bordering Iran, the United Arab Emirates, and Oman, is also affected by the conflict, disrupting the transport of gas and petroleum products. The impact is now felt in markets around the world.
EnergyExxon, Chevron, and other US oil and gas producers and refiners hit all-time-high stock values amid Iran war while consumers pay the price
By Jordan BlumMarch 12, 2026
iran
Middle EastIran’s new Supreme Leader warns of ‘opening other fronts’ in first statement from hiding
By Jon Gambrell, David Rising, Mike Corder, Natalie Melzer and The Associated PressMarch 12, 2026
evs
EnergyThis 55-year-old supply chain management professor took a gamble last year: he bought an electric vehicle
By Alexa St. John, Tammy Webber and The Associated PressMarch 12, 2026
trader
EnergyOil hits $100 a barrel and stocks sink as Iran War drags on with no end in sight
By Stan Choe and The Associated PressMarch 12, 2026
A man stands amidst a field of corn.
EconomyFertilizer prices soar as Strait of Hormuz tensions rise—forcing U.S. farmers to rethink spring planting
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
EconomyThe Iran war is reviving remote work across the world — from Denmark to Vietnam
By Tristan BoveMarch 12, 2026
EconomyThe latest accounting on Trump’s Iran war show it could spike the national debt by $65 billion over 60 days
By Shawn TullyMarch 12, 2026
trump
EnergyTrump 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.
EconomyStagflation 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)
EnergyOil went over $100 again after the U.S. admitted it cannot control the Strait of Hormuz
By Jim EdwardsMarch 12, 2026
fleet
CommentaryThe shadow fleet and illegal oil are still moving through the Strait of Hormuz
By Charles Edward GehrkeMarch 11, 2026
picture of Bitcoin.
CryptoBitcoin outperforms gold and stocks since beginning of Iran war
By Carlos GarciaMarch 11, 2026
gas prices
EnergyTop economist says Iran war could trigger an economic ‘butterfly effect’—and keep inflation elevated for years
By Jake AngeloMarch 11, 2026
barrel
EnergyPlastics, fertilizers, clothing, medicines and electronics: $100-a-barrel oil has huge downstream consequences
By André O. Hudson and The ConversationMarch 11, 2026
trump
CommentaryThere’s one particular way the Iran War is different from all the others in American history
By Charles Walldorf and The ConversationMarch 11, 2026
strait
Middle EastThe Strait of Hormuz isn’t totally closed. Meet the ‘shadow fleet’
By Charles Edward Gehrke and The ConversationMarch 11, 2026
FILE - Fishermen work in front of oil tankers south of the Strait of Hormuz Jan. 19, 2012, offshore the town of Ras Al Khaimah in United Arab Emirates. (AP Photo/Kamran Jebreili, File)
EnergyThe IEA is releasing a record 400 million barrels of emergency oil. It may not be enough
By The Associated Press, Samuel Petrequin and Kirsten GrieshaberMarch 11, 2026
Middle EastIran’s new supreme leader may have been wounded at the start of the war, Israeli intelligence says
By The Associated Press, Jon Gambrell and David RisingMarch 11, 2026
trump
EnergyIran gloats about hitting Trump where it hurts: ‘Just look at the state of the global economy and energy markets — it has been very painful for them’
By Jon Gambrell and The Associated PressMarch 11, 2026
trump
Middle EastAmericans’ opinions on the Iran War: polarized, except on the issue of whether to escalate
By Linley Sanders and The Associated PressMarch 11, 2026
trump
Middle EastTrump’s flip-flopping gives juice to critics who say he just didn’t have a plan for the Iran War
By Aamer Madhani and The Associated PressMarch 11, 2026
strait
EnergyUnderstanding Iran’s Strait of Hormuz, and why Europe may be facing a Ukraine-like energy crisis again
By Jon Gambrell, Mae Anderson and The Associated PressMarch 11, 2026
iran
EnergyAmerica says it’s destroying mine-laying Iranian ships as Trump denies that Iran has mined the Strait of Hormuz
By Jon Gambrell, Julie Watson, Samy Magdy and The Associated PressMarch 11, 2026
iran
Middle EastIran targets Dubai airport, commercial ships across the Gulf as war widens
By Jon Gambrell, David Rising and The Associated PressMarch 11, 2026
trump
EnergyTrump has to choose between ‘suicidal or dangerous’ choices on Iran’s Strait of Hormuz
By John Leicester and The Associated PressMarch 11, 2026
A livestream shows Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026.
EconomyTrump may claim the war is ‘complete,’ but Wall Street expects the Fed to stay hawkish long after the conflict has ended
By Eleanor PringleMarch 11, 2026
Photo: A man walks near a banner displayed at Valiasr Square in central Tehran on March 10, 2026, depicting Iran's late supreme leader Ayatollah Ruhollah Khomeini (L) watching as his successor the late Ayatollah Ali Khamenei (C) hands over a national flag to his son and new supreme leader Mojtaba Khamenei (R). Iran marked the appointment of Ayatollah Mojtaba Khamenei to replace his father as its supreme leader with a new barrage of missiles against Israel and the Gulf states on March 9, as the Middle East war sent oil prices soaring. (Photo by AFP) / Attention editors: AFP covers the war in the Middle East through its extensive regional network, including bureaus in Tehran, Jerusalem, and several neighboring countries. Since the start of the conflict, journalists have been working under increasingly restrictive conditions. Authorities in several countries have limited reporters' movements, photo and live video coverage from sensitive locations. Some governments and armed groups have banned images of missile or drone strikes and other security-related sites. /
PoliticsIran’s new supreme leader is injured but reportedly ‘safe’ as traders sour on war exit strategy
By Jim EdwardsMarch 11, 2026
Middle EastIsraeli president’s message to CEOs in D.C.: ‘We need to be steadfast, take a deep breath, and finish the undermining of Iran’
By Diane BradyMarch 11, 2026
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