Briefing: Current price of oil as of March 11, 2026
Strategic angle: Latest updates on oil prices from Fortune.
Editorial Staff Mar 11
Energy
Energy markets, oil and gas, renewables, grids, and utilities.
Briefing: Germany, others partially release oil reserves amid Iran war
Strategic angle: Germany, Austria, Japan, Spain, and France announce plans to release oil reserves as the Iran war escalates and prices surge.
Editorial Staff Mar 11
Briefing: Spain’s renewables revolution likely to keep energy bills low even as gas prices soar
Strategic angle: Spain spent the last six years investing heavily in wind and solar energy, leading to some of the cheapest power prices in Europe.
Editorial Staff Mar 11
Man Brings Car To Valvoline For Oil Change. Then They Ask Him A Shocking Question: 'They Make Us Ask You'
'I worked [at Valvoline]. It's almost a cult.'
Editorial Staff Mar 11
Oil prices fall as WSJ says IEA proposes largest oil stock release ever
A significant drop in oil prices is reported following the IEA's proposal for an unprecedented oil stock release.
Editorial Staff Mar 11
Oil plunges 10% as Trump warns to hit Iran 'twenty times harder' if it blockades Strait of Hormuz
Oil prices plunged after Trump warned that Tehran would be hit "twenty times harder" if it attempted to halt oil flows through the Strait of Hormuz.
Editorial Staff Mar 11
Briefing: CNBC Daily Open: Oil jitters persist as U.S. targets Iranian ships near Strait of Hormuz
Strategic angle: Oil was slightly higher as traders expect a group of countries to tap emergency crude reserves to mitigate disruption caused by the war in the Middle East.
Editorial Staff Mar 11
Briefing: China Emerges as Unlikely Haven as Oil Price Shock Hits Global Markets
Strategic angle: China's economy shows resilience amidst global oil price fluctuations.
Editorial Staff Mar 11
Briefing: South Korea plans oil price cap amid Middle East crisis
Strategic angle: In response to rising oil prices due to the ongoing Middle East crisis, South Korea is implementing a price cap on oil.
Editorial Staff Mar 11
Trump says India’s Reliance will back first new US oil refinery in 50 years
US president hails new project in Brownsville, Texas, as Iran war drives higher fuel prices
Editorial Staff Mar 11
Briefing: Shares steady, oil turbulence deepens as Middle East war roils markets
Strategic angle: Markets remain stable despite escalating tensions in the Middle East affecting oil prices.
Editorial Staff Mar 11
Briefing: 200 gallons of oil leaks from Minnesota nuclear power plant, Xcel Energy says
Strategic angle: Xcel Energy reports a significant oil leak at a nuclear facility in Minnesota.
Editorial Staff Mar 11
Briefing: Opening the path to high-efficiency hydrogen production without expensive precious metals
Strategic angle: A research team has developed a non-precious metal catalyst for optimized hydrogen production.
Editorial Staff Mar 10
A reminder as oil prices spike: EVs are the #1 route to energy independence
Strategic angle: With the news of the US and Israel’s actions in Iran in the last ten days, which caused oil prices to surge by +50%, we are reminded again of how reducing oil demand can lead to less conflict and more energy independence
Editorial Staff Mar 10
Kharg Island: Iran’s oil lifeline that Trump has left untouched
How US deals with crucial export hub could shed light on its longer-term strategy towards Iran
Editorial Staff Mar 10
Briefing: Oil Slides Further After G-7 Asks to Ready Plans to Tap Reserves
Strategic angle: The G-7 nations are preparing to tap oil reserves as prices continue to decline.
Editorial Staff Mar 10
Briefing: Iran war stifles shipping through Hormuz: ‘Unprecedented’ fallout for oil markets & global economy
Strategic angle: Experts warn of significant disruptions in global oil supply due to the ongoing conflict in Iran.
Editorial Staff Mar 10
Briefing: Surging oil prices could wipe out benefits from Trump’s ‘big beautiful bill’
Strategic angle: Estimates from Wall Street project that if oil prices stay elevated for too long, consumers will lose as much as they gain from the new tax law.
Editorial Staff Mar 10
Briefing: The Memo: Trump at risk from oil price roller coaster amid Iran war
Strategic angle: The Hill discusses the potential impact of fluctuating oil prices on Trump's administration amidst ongoing tensions with Iran.
Editorial Staff Mar 10
Briefing: China’s nudge, a U.S. permission, an Iranian rapprochement — India’s balancing act on an economic thread
Strategic angle: India is trying to preserve its long-standing neutral foreign policy as escalating tensions around Iran threaten its oil supply and expose New Delhi to pressure from both Washington and Beijing.
Editorial Staff Mar 10