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Michael Dell’s son built a $13 billion home battery business—and he’s going on 30 years old

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Crypto billionaire Michael Saylor says he made $15 billion last year with ChatGPT—and has one rule: 'Don't try to outwork the robots'

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Iran says it has a deal to reopen the Strait of Hormuz—and shipowners are outraged by its plan to charge fees

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Michael Dell’s son built a $13 billion home battery business—and he’s going on 30 years old

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Crypto billionaire Michael Saylor says he made $15 billion last year with ChatGPT—and has one rule: 'Don't try to outwork the robots'

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Iran says it has a deal to reopen the Strait of Hormuz—and shipowners are outraged by its plan to charge fees
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Fortune Gulf Brief is Fortune's weekly Tuesday newsletter covering business, investment, and economic trends across the Middle East, written by Fortune writer Melissa Hancock. It delivers expert analysis on the deals, leaders, and policies shaping the GCC region for global executives. Sign up here.
The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it
The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it

“US accepting Iranian control of the strait without explicitly acknowledging that control seems a likely endgame here.”

By Jason MaAugust 7, 2026
Qatar’s Ooredoo, Nvidia, and Nokia unveil multi-billion-dollar AI compute platform—and Southeast Asia is their target
Qatar’s Ooredoo, Nvidia, and Nokia unveil multi-billion-dollar AI compute platform—and Southeast Asia is their target
By Melissa HancockAugust 6, 2026
Could a UN-backed plan to reopen Hormuz break the deadlock? 
Could a UN-backed plan to reopen Hormuz break the deadlock? 
By Melissa HancockAugust 4, 2026
As confusion reigns over Hormuz talks, Fortune gets exclusive access to a UN-backed plan to reopen the strait 
As confusion reigns over Hormuz talks, Fortune gets exclusive access to a UN-backed plan to reopen the strait 
By Melissa HancockAugust 4, 2026
As Trump balks again at escalating war, Iran smells ‘blood in the water’ and looks to exploit its newfound strategic advantage, experts say
As Trump balks again at escalating war, Iran smells ‘blood in the water’ and looks to exploit its newfound strategic advantage, experts say
By Jason MaAugust 2, 2026
Welcome to the mega-war: Mideast and European conflicts merge, sucking in more countries along the way—even ones claiming neutrality
Welcome to the mega-war: Mideast and European conflicts merge, sucking in more countries along the way—even ones claiming neutrality
By Jason MaAugust 1, 2026
Latest stories from Fortune
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After blowing its entire 2026 AI budget in months, Uber CTO says ‘We’re coming to the end of the so-called ‘tokenmaxxing’ era’
By Sasha RogelbergAugust 7, 2026
How Whatnot’s founders turned 100 investor rejections into an $20 billion live-shopping rocket ship
Retail
How Whatnot’s founders turned 100 investor rejections into an $20 billion live-shopping rocket ship
By Sarah GlodekAugust 7, 2026
Before the WNBA became a phenomenon, Billie Jean King asked NBA commissioner David Stern for one promise
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Before the WNBA became a phenomenon, Billie Jean King asked NBA commissioner David Stern for one promise
By Emma HinchliffeAugust 7, 2026
China’s export engine is cooling—but high-tech demand isn’t.
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China’s export engine is cooling—but high-tech demand isn’t.
By Elaine Kurtenbach and The Associated PressAugust 7, 2026
People look at a Google Earth map of Paris,France on a screen as Google Earth.
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Google quietly discontinues its Earth AI feature a day after its rollout after users made no-no images
By Joshua HongAugust 7, 2026
Best Teeth Whitening Strips (2026): Brighten Your Smile
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Best Teeth Whitening Strips (2026): Brighten Your Smile
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Fitia App Review 2026: Is This Calorie Tracker Worth Using?
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A view of commercial cargo vessels and crude oil tankers are anchored in the Gulf of Oman, off the coast of Muscat, Oman
Energy
Iran says agreement on Hormuz shipping reached with Oman
By Bloomberg and Eltaf NajafizadaAugust 7, 2026
More Middle East
Jeff Zucker is banking on the UAE to help build his new $8 billion entertainment empire
Middle East
Jeff Zucker is banking on the UAE to help build his new $8 billion entertainment empire
By Melissa HancockJuly 28, 2026
‘The UAE has been a fantastic investor’: Jeff Zucker hails UAE partnership after Banijay merger
Newsletters
‘The UAE has been a fantastic investor’: Jeff Zucker hails UAE partnership after Banijay merger
By Melissa HancockJuly 28, 2026
Record heat gives way to global winter gas shortage fears as Iran war rages on
Energy
Record heat gives way to global winter gas shortage fears as Iran war rages on
By Jordan BlumJuly 28, 2026
Mideast oil may soon have no way out amid ‘everything everywhere all at once’ wars, but the crisis in refined products is even worse
Middle East
Mideast oil may soon have no way out amid ‘everything everywhere all at once’ wars, but the crisis in refined products is even worse
By Jason MaJuly 26, 2026
Ukraine’s attack on an Iranian ship in the Caspian Sea could signal a new battlefront as U.S. seeks to form ‘a ring of economic and military pressure’
Middle East
Ukraine’s attack on an Iranian ship in the Caspian Sea could signal a new battlefront as U.S. seeks to form ‘a ring of economic and military pressure’
By Jason MaJuly 26, 2026
Trump pulls back after Iran crosses his red line as U.S. military breaks two-week streak of air strikes amid talks for potential Hormuz deal
Middle East
Trump pulls back after Iran crosses his red line as U.S. military breaks two-week streak of air strikes amid talks for potential Hormuz deal
By Jason MaJuly 25, 2026
Money talks—as the Iran war continues, options for the Strait of Hormuz are coalescing around one solution— tolls
Middle East
Money talks—as the Iran war continues, options for the Strait of Hormuz are coalescing around one solution— tolls
By Melissa HancockJuly 21, 2026
Shipping transits slow to a trickle as Strait of Hormuz faces “worst-case scenario” 
Newsletters
Shipping transits slow to a trickle as Strait of Hormuz faces “worst-case scenario” 
By Melissa HancockJuly 21, 2026
Markets brace for return to all-out war in Iran amid rising U.S. death toll, while former NATO commander warns Suez Canal could be next
Middle East
Markets brace for return to all-out war in Iran amid rising U.S. death toll, while former NATO commander warns Suez Canal could be next
By Jason MaJuly 19, 2026
U.S. military announces the death of another service member, blaming the ‘controlled detonation’ of a downed Iranian drone in Iraq
Middle East
U.S. military announces the death of another service member, blaming the ‘controlled detonation’ of a downed Iranian drone in Iraq
By Jon Gambrell, Sam Metz, Ben Finley and The Associated PressJuly 19, 2026
The world is looking ahead toward a post-Iran oil market that offsets most Hormuz volumes in a few years as ships reject a U.S.-backed alternate route
Middle East
The world is looking ahead toward a post-Iran oil market that offsets most Hormuz volumes in a few years as ships reject a U.S.-backed alternate route
By Jason MaJuly 19, 2026
Iran claims U.S. hit its nuclear site — satellite images show mostly dirt. But return to all-out war is nearly inevitable
Middle East
Iran claims U.S. hit its nuclear site — satellite images show mostly dirt. But return to all-out war is nearly inevitable
By Jon Gambrell, Sam Metz and The Associated PressJuly 19, 2026
Iran just crossed Trump’s red line for resuming all-out war as fighting continues to escalate with no end in sight
Middle East
Iran just crossed Trump’s red line for resuming all-out war as fighting continues to escalate with no end in sight
By Jason MaJuly 18, 2026
U.S. military launches new airstrikes to ‘swiftly punish’ Iran for attack on Jordan that killed American troops
Middle East
U.S. military launches new airstrikes to ‘swiftly punish’ Iran for attack on Jordan that killed American troops
By Jon Gambrell, Toqa Ezzidin, Konstantin Toropin and The Associated PressJuly 18, 2026
Amid the Gulf’s increasingly competitive landscape, Bahrain is carving out a distinct investment strategy
Middle East
Amid the Gulf’s increasingly competitive landscape, Bahrain is carving out a distinct investment strategy
By Melissa HancockJuly 14, 2026
Bahrain EDB bids to win investors despite mounting headwinds 
Newsletters
Bahrain EDB bids to win investors despite mounting headwinds 
By Melissa HancockJuly 14, 2026
Trump takes a page from Iran’s playbook on the Strait of Hormuz, leveraging U.S. influence over the contested chokepoint to generate revenue
Middle East
Trump takes a page from Iran’s playbook on the Strait of Hormuz, leveraging U.S. influence over the contested chokepoint to generate revenue
By Jason MaJuly 13, 2026
The ‘facade’ of the U.S.-Iran ceasefire crumbles after largest round of fighting in months — ‘an undeclared naval war can escalate’
Middle East
The ‘facade’ of the U.S.-Iran ceasefire crumbles after largest round of fighting in months — ‘an undeclared naval war can escalate’
By Jason MaJuly 12, 2026
The U.S. and Iran can’t agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament
Middle East
The U.S. and Iran can’t agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament
By Jason MaJuly 11, 2026
Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
Middle East
Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
By Jason MaJuly 10, 2026
OPEC+ to pump more oil as market fears shift from shortage to glut 
Newsletters
OPEC+ to pump more oil as market fears shift from shortage to glut 
By Melissa HancockJuly 7, 2026
From missiles to malware: Why the Gulf is stepping up its operational resilience 
Cybersecurity
From missiles to malware: Why the Gulf is stepping up its operational resilience 
By Melissa HancockJuly 7, 2026
Mark Zandi, Moody's chief economist.
Economy
‘It’s fair to ask whether it was worth it’: The Iran war has cost Americans $1,000 per household—and that’s a conservative estimate, Mark Zandi says
By Tristan BoveJuly 1, 2026
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Europe
The Iran conflict saw jet fuel prices soar—when you use 1.88 million tonnes a year, how you respond really matters (just ask DHL)
By Sam ForsdickJuly 1, 2026
Gulf bond markets extend their rally despite uncertain outlook
Newsletters
Gulf bond markets extend their rally despite uncertain outlook
By Melissa HancockJune 30, 2026
GCC debt markets have rallied since the ceasefire, but tight liquidity remains a key hurdle 
Middle East
GCC debt markets have rallied since the ceasefire, but tight liquidity remains a key hurdle 
By Melissa HancockJune 30, 2026
U.S. official says $6 billion in frozen Iranian assets will be released, while Oman discusses possible Hormuz service fees with Tehran
Politics
U.S. official says $6 billion in frozen Iranian assets will be released, while Oman discusses possible Hormuz service fees with Tehran
By Jon Gambrell, Josh Boak and The Associated PressJune 29, 2026
Photo: Kevin Warsh
Economy
President Trump will not get what he wants from Kevin Warsh, a source tells us, as inflation will force the Fed upwards
By Jim EdwardsJune 29, 2026
Markets feel relief as the U.S. and Iran agree to a ceasefire on their earlier ‘ceasefire’ that was looking at lot like a war over Hormuz
Energy
Markets feel relief as the U.S. and Iran agree to a ceasefire on their earlier ‘ceasefire’ that was looking at lot like a war over Hormuz
By Jason MaJune 28, 2026
Iran is forcing the U.S. into an escalation trap as a ‘shadow war’ over the Strait of Hormuz heats up that could kill the tenuous ceasefire
Politics
Iran is forcing the U.S. into an escalation trap as a ‘shadow war’ over the Strait of Hormuz heats up that could kill the tenuous ceasefire
By Jason MaJune 28, 2026
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Energy
Michael Dell’s son built a $13 billion home battery business—and he’s going on 30 years oldplaceholder alt text
By Jordan BlumAugust 6, 2026
Success
Crypto billionaire Michael Saylor says he made $15 billion last year with ChatGPT—and has one rule: 'Don't try to outwork the robots'placeholder alt text
By Preston ForeAugust 6, 2026
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Iran says it has a deal to reopen the Strait of Hormuz—and shipowners are outraged by its plan to charge feesplaceholder alt text
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