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Fortune
Fortune
Jim Edwards

With Iran still in control of Hormuz, Trump threatens NATO and oil hits $106

Photo: Donald Trump (Credit: Photo by Nathan Howard/Getty Images)

Good morning. In today’s Fortune:

  • Oil was at $106 per barrel this morning.
  • Trump threatens NATO, again.
  • Wall Street digs in, and not in a good way.
  • Who won what at the Oscars.
  • Investment in physical AI robots hit $41 billion per year.
  • Fertilizer prices go through the roof.
  • Crypto markets are betting big on oil.
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