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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

3

Current price of oil as of June 10, 2026

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

3

Current price of oil as of June 10, 2026
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T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 11, 2026
bessent
Social Security and Medicare are heading toward insolvency. Congress has 6 years to act
By Steve H. Hanke and David M. WalkerJune 11, 2026
Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful
Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful
By Leonard LimJune 10, 2026
A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI build-out
A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI build-out
By Jacqueline MunisJune 10, 2026
The curse of Trump watching sports in person: the home team seems to always lose
The curse of Trump watching sports in person: the home team seems to always lose
By The Associated Press and Will WeissertJune 10, 2026
‘I love the inflation’: Trump is ‘not concerned’ about inflation hitting 4% for the first time since 2023. ‘The numbers were great’
‘I love the inflation’: Trump is ‘not concerned’ about inflation hitting 4% for the first time since 2023. ‘The numbers were great’
By The Associated Press and Christopher RugaberJune 10, 2026
Latest Stories
While investors await the SpaceX IPO, these space stocks are already public, building an economy in Earth orbit—and beyond
InnovationWhile investors await the SpaceX IPO, these space stocks are already public, building an economy in Earth orbit—and beyond
By Jason MaJune 11, 2026
gordon
CommentaryGordon Ritter: I predicted AI’s learning loop a decade ago. The doomers are still measuring the wrong thing
By Gordon RitterJune 11, 2026
A man in a suit jacket gestures with his hands.
AISpaceX is about to make history—and 80% of VCs won’t see a dime of it
By Amanda GerutJune 11, 2026
Bridgit Mendler, co-founder and CEO of Northwood, at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Stuart Isett/Fortune)
NewslettersBridgit Mendler sees the space economy going mainstream
By Andrew NuscaJune 11, 2026
Top CD rates today, June 11, 2026: Lock in up to up to 4.30%
Personal FinanceTop CD rates today, June 11, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganJune 11, 2026
Today’s top high-yield savings rates: Up to 5.00% on June 11, 2026
Personal FinanceToday’s top high-yield savings rates: Up to 5.00% on June 11, 2026
By Glen Luke FlanaganJune 11, 2026
‘Oh God, no! Not another thing:’ What Anthropic’s Mythos-class Fable 5 means for CEOs trying to govern AI
Newsletters‘Oh God, no! Not another thing:’ What Anthropic’s Mythos-class Fable 5 means for CEOs trying to govern AI
By Diane BradyJune 11, 2026
Meet the Fortune Crypto 100: A ranking of the very best companies in blockchain
CryptoMeet the Fortune Crypto 100: A ranking of the very best companies in blockchain
By Jeff John RobertsJune 11, 2026
More PoliticsPage 66 of 100
Trump says ‘we’re going to run’ Venezuela and is not afraid to put U.S. troops on the ground after Maduro’s capture
PoliticsTrump says ‘we’re going to run’ Venezuela and is not afraid to put U.S. troops on the ground after Maduro’s capture
By Jason MaJanuary 3, 2026
  • Omar
    PoliticsIlhan Omar urges Americans not to blame the Somali community for the actions of a relative few as FBI investigation surges
    By The Associated PressDecember 30, 2025
What happens next in Venezuela? The regime’s foundation remains in place even after U.S. capture of Maduro, analyst says
PoliticsWhat happens next in Venezuela? The regime’s foundation remains in place even after U.S. capture of Maduro, analyst says
By Jason MaJanuary 3, 2026
maduro
PoliticsNicolas Maduro rose from bus driver to president before presiding over Venezuela’s economic collapse
By Regina Garcia Cano and The Associated PressJanuary 3, 2026
maduro
PoliticsTrump has been laying the groundwork for a strike on Venezuela for a full year. Here’s the timeline
By Ben Finley, Konstantin Toropin, Regina Garcia Cano and The Associated PressJanuary 3, 2026
zohran
PoliticsFrench tourists didn’t believe the young guy on the subway was New York City’s new mayor, so he held up the newspaper to prove it
By Jake Offenhartz and The Associated PressJanuary 3, 2026
tesla
Big TechElon Musk promised a ‘major rebound’ for Tesla in 2025. Instead it fell behind its biggest rival from China
By Paul Harloff, Bernard Condon and The Associated PressJanuary 3, 2026
  • RFK
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    By Ali Swenson and The Associated PressDecember 30, 2025
trump/maduro
PoliticsTrump captures Maduro after ‘large-scale strike’ on Venezuela, exactly 36 years after the seizure of Panama’s Noriega
By Regina Garcia Cano, Konstantin Toropin and The Associated PressJanuary 3, 2026
This is the next Trump construction project, joining the White House ballroom, Rose Garden replacement and others
PoliticsThis is the next Trump construction project, joining the White House ballroom, Rose Garden replacement and others
By Will Weissert and The Associated PressJanuary 2, 2026
Trump
EconomyFarmers see a ‘Band-Aid on a deep wound’ as White House reveals the size of their soybean tariff bailout
By Josh Funk, Didi Tang and The Associated PressJanuary 2, 2026
trump
PoliticsTrump retreats on tariffs again, now on furniture, kitchen cabinets and vanities
By Michelle L. Price and The Associated PressJanuary 2, 2026
trump
PoliticsTrump backs down on sending National Guard into Chicago, LA and Portland
By Michelle L. Price, Jaimie Ding and The Associated PressJanuary 2, 2026
  • RFK Jr. push leads to 5 states restricting what you can buy with SNAP benefits: Experts warn it’s a ‘disaster waiting to happen’
    PoliticsRFK Jr. push leads to 5 states restricting what you can buy with SNAP benefits: Experts warn it’s a ‘disaster waiting to happen’
    By Jonel Aleccia and The Associated PressDecember 30, 2025
aca
PoliticsMillions of Americans start the new year with spiking health insurance costs under latest version of Obamacare
By Ali Swenson and The Associated PressJanuary 2, 2026
U.S. President Donald Trump signs funding legislation to reopen the federal government as he is joined by House Minority Leader Steve Scalise (R-LA), House Speaker Mike Johnson (R-LA), Republican lawmakers and business leaders, during a ceremony in the Oval Office of the White House on November 12, 2025, in Washington, DC.
EconomyHappy New Year! There’s now less than a month until the next potential government shutdown
By Eleanor PringleJanuary 2, 2026
BYD posts slowest annual sales growth in 5 years, but China’s EV giant is still set to outsell Tesla for the first time
AsiaBYD posts slowest annual sales growth in 5 years, but China’s EV giant is still set to outsell Tesla for the first time
By Angelica AngJanuary 2, 2026
quran
PoliticsQuran used to swear in New York City’s mayor for the first time in history as Zohran Mamdani takes office
By Safiyah Riddle and The Associated PressJanuary 1, 2026
zohran
PoliticsMamdani vows to ‘govern as a democratic socialist’ for every construction worker, halal cart vendor and spice-wielding cook in New York City
By Anthony Izaguirre and The Associated PressJanuary 1, 2026
Trump
EconomyChina buys two-thirds of pledged U.S. soybeans as 2025 closes
By Hallie Gu, Michael Hirtzer and BloombergDecember 31, 2025
snap
Politics5 states to ban soda, candy, other snacks from SNAP recipients under MAHA food-stamp push
By Jonel Aleccia and The Associated PressDecember 31, 2025
Epstein
LawDOJ Epstein review swells to 5.2 million files, over 400 attorneys, source says
By Stephen Groves, Seung Min Kim and The Associated PressDecember 31, 2025
tariff
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By Wyatte Grantham-Philips and The Associated PressDecember 31, 2025
Donald Trump on the phone in front of a Christmas tree
Startups & VentureTrump Mobile says its first-ever smartphone is delayed, and the government shutdown is to blame
By Dave SmithDecember 31, 2025
Zohran
PoliticsZohran Mamdani to get sworn in twice—once underground at abandoned Subway station and once before freezing block party
By Anthony Izaguirre and The Associated PressDecember 31, 2025
Zohran, Trump
CommentaryStrange political bedfellows not that strange in the season of the new nihilism
By Ian ChaffeeDecember 31, 2025
Nobuo Hayasaka, president of Kioxia Holdings Corp., stands for photographs during the company's listing ceremony at the Tokyo Stock Exchange in Tokyo, Japan, on Wednesday, Dec. 18, 2024.
AIA Japanese company you’ve never heard of walloped every major US company to become the best-performing stock of 2025
By Eva RoytburgDecember 31, 2025
Kennedy
Politics‘Our beautiful Tatiana passed away this morning. She will always be in our hearts’: Kennedy family mourns yet another tragic death
By Marc Levy, Sarah Brumfield and The Associated PressDecember 30, 2025
Tatiana
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By Nick LichtenbergDecember 30, 2025
Gaza
PoliticsDoctors Without Borders kicked out of Gaza: Israel suspends dozens of humanitarian organizations over new registration rules
By Melanie Lidman, Sam Mednick and The Associated PressDecember 30, 2025
buddhist
PoliticsBuddhist monks peace-walking from Texas to DC persist even after being run over on highway outside Houston
By The Associated PressDecember 30, 2025
Vought
LawNo, the White House can’t defund the CFPB, judge says, just days before agency would run out of cash
By Ken Sweet and The Associated PressDecember 30, 2025
Trump
PoliticsThe resistance is jazzy: Trump’s renaming of Kennedy Center continues to blow up in his face as musicians revolt
By Meg Kinnard and The Associated PressDecember 30, 2025
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Most Popular
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longerplaceholder alt text
By Sasha RogelbergJune 10, 2026
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese militaryplaceholder alt text
By Kate O'Keeffe and BloombergJune 8, 2026
Personal Finance
Current price of oil as of June 10, 2026placeholder alt text
By Joseph HostetlerJune 10, 2026
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