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Oil prices plunge on claims Strait of Hormuz is open

A line chart that tracks Brent crude oil prices per barrel hourly from Feb. 2 to 9:30 a.m. ET April 17, 2026. Prices rose from $65.65 on Feb. 2 to $93.04 on March 10, then eased to $88.72 on April 17. The period range is $65.65 to $116.63.

Brent crude oil prices

Data: Financial Modeling Prep; Chart: Ben Geman/Axios

Scoop: U.S. considers $20 billion cash-for-uranium deal with Iran

Scoop: Democrats eye new strategy after Iran war powers fail

House hands Trump a win with failed Iran war powers vote

Macro

Axios Macro

Rumors of the dollar's demise look much exaggerated

Renewable energy gets an Iran war boost

Israel hits a low point with Democrats in Congress

Why stocks surged to a new record

A line chart that tracks the Nasdaq Composite daily from Jan. 2 to April 15, 2026. The index opened at 23,235.63, fell to a low of 20,794.64 on March 30, then rebounded to a period high of 24,015.928 on April 15. It declined through late March before recovering sharply in April.

Nasdaq Composite index

Data: Financial Modeling Prep; Chart: Emily Peck/Axios

Trump would "welcome" Israel-Lebanon ceasefire: U.S. official

The war outlook is the global economic outlook

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