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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

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Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties

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Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent shows

1

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

2

Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties

3

Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent shows

Energy

Energy

All things energy: oil, natural gas, renewable energy, electricity, and other sources of power.

Iraq devalued its currency as the Iran war squeezes its oil exports

Iraq devalued its currency as the Iran war squeezes its oil exports

The devaluation gives Baghdad more dinars for every export dollar but risks making imported goods costlier for households and businesses

By The Associated Press and ALI ABDUL-HASSANOctober 7, 2026

Current price of oil as of Oct. 7, 2026

Current price of oil as of October 7, 2026

By Joseph HostetlerOctober 7, 2026

Saudi’s economic transformation collides with war and falling FDI

Saudi’s economic transformation collides with war and falling FDI

By Melissa HancockOctober 7, 2026

Eimear Bonner CFO Chevron

Chevron CFO Eimear Bonner built a 20-plus-year career at the company. Now she’ll run its core business

By Sheryl EstradaOctober 6, 2026

Current price of oil as of Oct. 6, 2026

Current price of oil as of October 6, 2026

By Joseph HostetlerOctober 6, 2026

U.S. shale executives have no idea when the oil market will go off a cliff

U.S. shale executives have no idea when the oil market will go off a cliff

By Jason MaOctober 5, 2026

Latest stories from Fortune

More Energy

‘Did they achieve their goal? Partially’: Putin admits weakness as Ukraine claims 51% hit to Russia’s oil refining capacity

‘Did they achieve their goal? Partially’: Putin admits weakness as Ukraine claims 51% hit to Russia’s oil refining capacity

By The Associated PressOctober 5, 2026

josh

NVIDIA Head of Sustainability: how to accelerate America’s nuclear energy renaissance

By Josh ParkerOctober 5, 2026

Current price of oil as of Oct. 5, 2026

Personal Finance

Current price of oil as of October 5, 2026

By Joseph HostetlerOctober 5, 2026

Persian Gulf oil flows return to prewar levels, but Iran could resort to a ‘scorched earth campaign’ as U.S. deploys more ships and Marines to Mideast

Persian Gulf oil flows return to prewar levels, but Iran could resort to a ‘scorched earth campaign’ as U.S. deploys more ships and Marines to Mideast

By Jason MaOctober 4, 2026

Diesel prices are so high that commercial fishermen sometimes can’t even afford to leave the dock. ‘It’s huge. It’s crazy. Thank you, Donald Trump’

Diesel prices are so high that commercial fishermen sometimes can’t even afford to leave the dock. ‘It’s huge. It’s crazy. Thank you, Donald Trump’

By Patrick Whittle and The Associated PressOctober 4, 2026

After threatening to ban U.S. exports of diesel fuel, Trump admits ‘we were never going to do it’

After threatening to ban U.S. exports of diesel fuel, Trump admits ‘we were never going to do it’

By Collin Binkley, John Leicester and The Associated PressOctober 3, 2026

Power lines and utility poles stand in front of La Perla neighborhood along the coast in Old San Juan, Puerto Rico.

Puerto Rico’s power rates jump 18% to a record high, nearly double the US mainland average

By Danica Coto and The Associated PressOctober 2, 2026

Current price of oil as of Oct. 2, 2026

Personal Finance

Current price of oil as of Oct. 2, 2026

By Joseph HostetlerOctober 2, 2026

‘You need to clean up the mess your generation has left’: Volkswagen’s guilty boomer gets real about sustainability, China—and his spam folder

By Nick LichtenbergOctober 2, 2026

‘Europe needs to shed its naivety’: Vestas CEO Henrik Andersen on Chinese competition and the energy issue that keeps him up at night

‘Europe needs to shed its naivety’: Vestas CEO Henrik Andersen on Chinese competition and the energy issue that keeps him up at night

By Sam BirchallOctober 2, 2026

Current price of oil as of Oct. 1, 2026

Personal Finance

Current price of oil as of Oct. 1, 2026

By Joseph HostetlerOctober 1, 2026

Ethiopian Prime Minister Abiy Ahmed Ali, Nigerian Industrialist Aliko Dangote and Kenya's President William Ruto launch the Dangote East Africa Petroleum Refinery in Lamu County, Kenya.

A $16 billion oil refinery is coming to East Africa with capacity for 700,000 barrels a day

By Evelyne Musambi and The Associated PressSeptember 30, 2026

Current price of oil as of Sept. 30, 2026

Personal Finance

Current price of oil as of Sept. 30, 2026

By Joseph HostetlerSeptember 30, 2026

From rift to rapprochement: Saudi-UAE reset over Yemen

From rift to rapprochement: Saudi-UAE reset over Yemen

By Melissa HancockSeptember 30, 2026

‘Groundhog Day’: Iran is unlikely to let the war end until after the midterms—and may even escalate soon

‘Groundhog Day’: Iran is unlikely to let the war end until after the midterms—and may even escalate soon

By Jordan BlumSeptember 30, 2026

Current price of oil as of Sept. 29, 2026

Personal Finance

Current price of oil as of Sept. 29, 2026

By Joseph HostetlerSeptember 29, 2026

Europe paid $113.5 billion more for energy since the Iran war, and gained not one extra barrel

Europe paid $113.5 billion more for energy since the Iran war, and gained not one extra barrel

By The Associated Press and Sam McNeilSeptember 29, 2026

The bill has come due. But no one wants to pay for climate mitigation

By Stephanie WaltonSeptember 29, 2026

Saudi Arabia is reaping a massive oil windfall, making it perhaps the Iran war’s only winner. Tehran’s proxies actually ‘did Saudi a favor’

Saudi Arabia is reaping a massive oil windfall, making it perhaps the Iran war’s only winner. Tehran’s proxies actually ‘did Saudi a favor’

By Jason MaSeptember 28, 2026

Current price of oil as of Sept. 28, 2026

Personal Finance

Current price of oil as of Sept. 28, 2026

By Joseph HostetlerSeptember 28, 2026

Trump’s hidden tax on every American: how diesel touches everything that hits your wallet

By Vidya Mani and The ConversationSeptember 28, 2026

Photo of Trump

With gas at $4.47 per gallon, Trump set to relax Biden-era emissions standards

By The Associated Press and Anne D'InnocenzioSeptember 28, 2026

The U.S. may soon receive $600 million worth of Iranian oil that was seized earlier in the war, putting an ancient body of maritime law back in focus

The U.S. may soon receive $600 million worth of Iranian oil that was seized earlier in the war, putting an ancient body of maritime law back in focus

By Jason MaSeptember 27, 2026

As soaring energy prices crush businesses, France rolls out a new $500 million aid package, including help with commuting and heating costs

As soaring energy prices crush businesses, France rolls out a new $500 million aid package, including help with commuting and heating costs

By John Leicester and The Associated PressSeptember 27, 2026

How Trump could wrest Citgo from Elliott Management and hand it back to Venezuela

How Trump could wrest Citgo from Elliott Management and hand it back to Venezuela

By Brandon MulderSeptember 27, 2026

Trump stonewalls Iran as U.S. helps double oil volume exiting the Persian Gulf, with the military now guiding ships through Hormuz in broad daylight

Trump stonewalls Iran as U.S. helps double oil volume exiting the Persian Gulf, with the military now guiding ships through Hormuz in broad daylight

By Jason MaSeptember 26, 2026

After Iran makes new offer to fully reopen the Strait of Hormuz, Trump posts a map on social media calling it the ‘Trump Strait’

After Iran makes new offer to fully reopen the Strait of Hormuz, Trump posts a map on social media calling it the ‘Trump Strait’

By Cara Anna and The Associated PressSeptember 26, 2026

Gas topped the equivalent of $12 a gallon in parts of Europe—and consumers are spending an extra $231 million a day on diesel

Gas topped the equivalent of $12 a gallon in parts of Europe—and consumers are spending an extra $231 million a day on diesel

By Sam McNeil and The Associated PressSeptember 25, 2026

Current price of oil as of Sept. 25, 2026

Personal Finance

Current price of oil as of September 25, 2026

By Joseph HostetlerSeptember 25, 2026

Russia’s invasion of Ukraine changed the European energy equation—now efficiency is just as important as sustainability

Russia’s invasion of Ukraine changed the European energy equation—now efficiency is just as important as sustainability

By Kirsty McGregorSeptember 25, 2026

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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

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By Catherina GioinoOctober 5, 2026

Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties

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By Catherina GioinoOctober 6, 2026

Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent shows

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By Preston ForeOctober 6, 2026

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