Current price of oil as of June 17, 2026
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
Business
Europe’s $29 billion Iran War bill is driving a scramble for new energy routes
The EU is fast-tracking IMEC, undersea power cables and Gulf pipeline deals — but all options run through an Israel-Saudi normalization that may not come.
Pete Hegseth flew to NATO, told allies they might fail his review, and caught an early flight home
"Instead of tanks and fighters and air defenses, the focus has been on gender equity and climate change and defense austerity," he said, inaccurately.
Data center hate is snowballing, and construction setbacks in the first three months of 2026 have already exceeded last year’s, report finds
At least 75 data center projects worth more than $130 billion were blocked or delayed.
The jet fuel crisis never existed, sources say
"We have not seen any shortage of fuel anywhere, whether it's domestic in the United States or for European travel," said Jamie Walker, CEO of Jet Linx.
A ChatGPT prompt almost killed Ryan Serhant’s $50 million NYC penthouse deal. Here’s how he saved it
At Fortune's Brainstorm Tech, broker Ryan Serhant explained how a chatbot nearly blew up a $50 million NYC penthouse sale—and why he says AI still can't replace a human in high-stakes deals.
Oil and gas supplies could take months to return to normal after Iran deal, energy experts say
In addition, some producers in the Middle East paused extracting oil from the ground, known as a shut-in, when they ran out of storage space.
A warning from Amazon led the White House to shut down Anthropic’s Mythos model
Amazon's CEO raised the alarm about a jailbreak in Anthropic's Fable 5 model, triggering an unprecedented export control order and a fresh clash with the White House.
Markets celebrate U.S.-Iran deal as both sides confirm this time is real. Trump says oil will flow and ‘I never cared about regime change’
“Deal with the Islamic Republic of Iran is now complete. Congratulations to all!"
