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Larry Fink, chief executive officer of BlackRock Inc., during BlackRock's 2026 Infrastructure Summit in Washington, DC, US, on Wednesday, March 11, 2026.
Larry 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

“I could paint a scenario where I could see, a year from now, oil at $40 a barrel, I could see it above $150—we have two very extreme outcomes,” Fink told the BBC this morning.

By Eleanor PringleMarch 25, 2026
On 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
‘We’ve become like Europe’: Jamie Dimon warns China is beating the U.S. as he says Iran war means a ‘better chance’ of permanent Middle East peace
By Marco Quiroz-GutierrezMarch 25, 2026
Man with glasses wearing a black collared shirt
‘Attempted corporate murder’: Judge calls on Anthropic and Department of War to explain dispute over supply chain risk 
By Amanda GerutMarch 24, 2026
A man in a green ERO vest walks through an airport terminal.
ICE agents can make twice the salary of TSA employees—and economists warn their pay is more ‘shutdown proof’ than other government jobs
By Sasha RogelbergMarch 24, 2026
Latest Stories
NewslettersThe growing problem of ‘tech addiction’ spawns a new detox economy
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
By Glen Luke FlanaganMarch 25, 2026
Personal FinanceTop CD rates today, March 25, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganMarch 25, 2026
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
America’s Most Innovative Companies
By FortuneMarch 25, 2026
broker
EconomyGoldman raises recession odds to 30% on higher inflation, lower GDP outlook as oil prices surge
By Nick LichtenbergMarch 25, 2026
More PoliticsPage 4 of 100
PHOTO: DONALD TRUMP
Big TechAs Trump rages against his allies, Republicans are asking what the plan is to end the chaos in Iran
By Jim EdwardsMarch 18, 2026
man in a suit
PoliticsWho is Joe Kent? Meet the Green Beret, MAGA loyalist, and former political candidate who quit over Iran
By Catherina GioinoMarch 17, 2026
Three men standing in front of a white background.
Economy‘100% completely unsustainable as a society.’ Billionaire advisor calls out widening inequality that leaves America’s poorest 80% ‘falling behind’
By Tristan BoveMarch 17, 2026
Trump surrounded by children
PoliticsWon’t somebody think of the children? Advocacy group to spend $50 million to back Democrats pushing child care ahead of the midterms
By The Associated Press and Moriah BalingitMarch 17, 2026
Elon Musk stares
Economy‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
By Jacqueline MunisMarch 17, 2026
trump
CommentaryTrump’s Iran War looks improvised. It isn’t. Here’s the playbook he’s been running for decades
By Jeffrey Sonnenfeld and Steven TianMarch 17, 2026
Trump yelling, camera looking up from an angle
Politics‘We started this war due to pressure from Israel and its powerful American lobby:’ Trump’s National Counterterrorism Center director resigns over war
By The Associated Press and Seung Min KimMarch 17, 2026
Trump holds a soccer ball along with two men in suits on either side of him.
PoliticsThe World Anti-Doping Agency wants to ban Trump and U.S. government officials from international sporting events for not paying their dues
By The Associated Press and Eddie PellsMarch 17, 2026
trump
PoliticsEither Trump is lying or the 4 other living presidents are, about war on Iran
By Darlene Superville, Steven Sloan and The Associated PressMarch 17, 2026
Photo: President Trump.
EconomyBackchannel talks between U.S. and Iran offer Trump an off-ramp—if he wants it
By Jim EdwardsMarch 17, 2026
stiglitz
Arts & EntertainmentNobel economist Joseph Stiglitz says Trump replaced ‘The rule of law with a question: How much will you give me?’
By Joseph E. StiglitzMarch 17, 2026
Photo of Ray Dalio
Middle EastRay Dalio warns a brutal ‘final battle’ for the Strait of Hormuz is coming—and losing could end the American empire
By Eva RoytburgMarch 17, 2026
Photo of a sign reading Billionaire Tax Now
PoliticsOnly 6 billionaires left California over its proposed wealth tax—but they took $27 billion in potential revenue with them 
By Jacqueline MunisMarch 17, 2026
PoliticsTrump suggests postponing his key meeting with Xi Jinping by ‘a month or so,’ as Iran overtakes China on the U.S.’s agenda
By Angelica AngMarch 17, 2026
Photos of Elon Musk (left) and Sen. Bernie Sanders
Personal FinanceMusk says taxing every billionaire at 100% would barely make a dent in the national debt. Bernie says tax them 5% and you’re $3,000 richer
By Catherina GioinoMarch 17, 2026
EconomyU.S. debt is competing with a record supply of corporate bonds, pushing up the cost of federal borrowing just as war spending piles up
By Jason MaMarch 16, 2026
Photo of Elon Musk
Politics‘No, we didn’t’: DOGE staffer admits Elon Musk’s cost-cutting agency failed to reduce the federal deficit
By Sasha RogelbergMarch 16, 2026
Donald Trump
PoliticsTrump’s ‘Art of the Deal’ can’t reopen the Strait of Hormuz—and it’s threatening a recession
By Nick LichtenbergMarch 16, 2026
U.S. President Donald Trump listens during a press conference with Ukrainian President Volodymyr Zelensky following their meeting at Trump’s Mar-a-Lago club on December 28, 2025 in Palm Beach, Florida.
Politics‘Blackmail is also not what I wish for’: America’s allies are ghosting Trump on Strait of Hormuz
By Eva RoytburgMarch 16, 2026
President Donald Trump at the White House
EconomyThe energy crisis isn’t recessionary yet, but there’s a scenario where oil prices could bring the US economy to a ‘standstill,’ Oxford Economics says
By Tristan BoveMarch 16, 2026
Middle EastIran’s attacks have collapsed, and the trend is ‘overwhelmingly positive,’ analysts say. But the military side is separate from politics and markets
By Jason MaMarch 16, 2026
Orsted logo on a metal fence
EnvironmentDespite Trump’s best efforts, an offshore wind farm just lit up New England
By The Associated Press and Jennifer McDermottMarch 16, 2026
Sen. Cory Booker
PoliticsRepublicans go quiet as the U.S.-Iran war enters its third week: Senate Dems
By The Associated Press and Stephen GrovesMarch 16, 2026
People walk in front of a wind farm.
EnergyMassive wind farm offshore Massachusetts flouts Trump, finished construction
By Jennifer McDermott and The Associated PressMarch 16, 2026
Lines at airport security
Politics‘Air travel is the political football:’ Airline CEOs pen letter to Congress to fund aviation workers: ‘Air travel is the political football’
By The Associated Press and Anne D'InnocenzioMarch 16, 2026
President Donald Trump, his mouth agape on Air Force One.
PoliticsTrump Administration races to rebuild tariff revenue after Supreme Court setback
By The Associated Press and Christopher RugaberMarch 16, 2026
bessent
Middle EastBessent talks oil, accuses media of ‘trying to make it into some crisis that it’s not’
By The Associated PressMarch 16, 2026
iran
Middle EastIran minister mocks Trump for ‘begging’ for help on reopening Hormuz, claims attacks came from UAE
By Jon Gambrell, Sam Mednick, Konstantin Toropin, Samy Magdy and The Associated PressMarch 16, 2026
PoliticsTop airline CEOs plead with Congress to restore DHS funding and pay airport workers. ‘Once again, air travel is the political football’
By Anne D'Innocenzio and The Associated PressMarch 15, 2026
Middle EastTrump leaves allies and foes guessing on his endgame for Iran
By Peter Martin, Fiona MacDonald, Donato Paolo Mancini, Alberto Nardelli and BloombergMarch 15, 2026
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The Treasury just declared the U.S. insolvent. The media missed itAn image of a popular article
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It took 200 years for national debt to hit $1 trillion. Annual interest alone now exceeds that—a 'crushing legacy we must reverse,' says budget chairAn image of a popular article
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