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1

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'

1

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
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Middle East

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.
iran
The Strait of Hormuz is ‘open’ — but it’s mined, half-empty, and subject to tolls both sides say they might charge

Iran and the U.S. both threatened to tax ships crossing the world’s most critical oil chokepoint — an action experts say violates international law.

By Wyatte Grantham-Philips, Mae Anderson and The Associated PressJune 23, 2026
Saudi PIF’s governor wants the kingdom to become a global investment center
Saudi PIF’s governor wants the kingdom to become a global investment center
By Melissa HancockJune 23, 2026
Saudi Aramco’s chairman calls for “energy realism” 
Saudi Aramco’s chairman calls for “energy realism” 
By Melissa HancockJune 23, 2026
Dow futures drop as first day of U.S.-Iran talks sees Trump threaten Tehran on Hormuz: ‘You close it and you won’t have a country’
Dow futures drop as first day of U.S.-Iran talks sees Trump threaten Tehran on Hormuz: ‘You close it and you won’t have a country’
By Jason MaJune 21, 2026
Oil keeps flowing through Hormuz despite Iran saying it’s shut
Oil keeps flowing through Hormuz despite Iran saying it’s shut
By Weilun Soon, Julian Lee and BloombergJune 21, 2026
Vice President JD Vance heads to Switzerland for talks with Iran but says he will only be there ‘for a day or two’
Vice President JD Vance heads to Switzerland for talks with Iran but says he will only be there ‘for a day or two’
By Kareem Chehayeb, Bassem Mroue, Seung Min Kim, Munir Ahmed and The Associated PressJune 20, 2026
Latest Stories
sb
CommentaryThe climate policy triangle: why leaders can no longer choose between growth, security and sustainability
By Sebastian BuckupJune 23, 2026
Amazon Prime Day isn’t a midsummer shopping event anymore. Here’s what changed in 2026
RetailAmazon Prime Day isn’t a midsummer shopping event anymore. Here’s what changed in 2026
By Vidhi Choudhary and Retail BrewJune 23, 2026
The hidden cost of your AI rollout: burning out the high performers running it
Workplace CultureThe hidden cost of your AI rollout: burning out the high performers running it
By Mikaela Cohen and HR BrewJune 23, 2026
Tom and Diane Peterman pose outside their home at Black Lake on Wednesday, April 29, 2026, in Grant Township, Mich.
EnvironmentFEMA told these families they weren’t in a flood zone. Then ice came through the windows
By Tammy Webber, M.K. Wildeman and The Associated PressJune 23, 2026
Olympic rings at the Tesero Cross-Country Skiing Stadium ahead of the Milano Cortina 2026 Winter Olympics on February 03, 2026 in Tesero, Italy.
North AmericaAfter the Knicks and World Cup, New York is ready for another challenge: the Olympics
By The Associated PressJune 23, 2026
Quantum computing stocks surge after Trump signed executive orders backing the sector
InvestingQuantum computing stocks surge after Trump signed executive orders backing the sector
By Marco Quiroz-GutierrezJune 23, 2026
UPS workers process boxes in a sorting facility.
North AmericaUPS is shelling out nearly $50 million on temperature-controlled facilities to meet the booming demand for GLP-1 deliveries
By Sasha RogelbergJune 23, 2026
Alan Greenspan testifying before the Senate Banking Committee.
BankingThe man who invented the Fed’s magic trick just died. His successor is about to try it again
By Eva RoytburgJune 23, 2026
More Middle EastPage 10 of 15
Sam Altman’s quest for cheap AI power will be fueled by Middle East billions. But the true cost goes beyond money
NewslettersSam Altman’s quest for cheap AI power will be fueled by Middle East billions. But the true cost goes beyond money
By Sharon GoldmanSeptember 24, 2024
Hsu Ching-kuang, founder of Taiwan pager supplier Gold Apollo
Middle EastSupply chain mystery surrounds how Hezbollah’s pagers and walkie-talkies were turned into miniature bombs
By Christiaan HetznerSeptember 19, 2024
Photo of Jonathan Bloomer
FinanceYacht tragedy forces Morgan Stanley to find new international chair even as grief is fresh
By Michael del CastilloSeptember 3, 2024
Iranian leader Ali Khamenei
FinanceOil price surges after assassination of Hamas leader in Iran, sparking new fear of war and inflation
By Christiaan HetznerJuly 31, 2024
McDonald's CEO Chris Kempczinski
RetailMcDonald’s CEO says Muslims’ Gaza boycott hurt quarterly sales
By Christiaan HetznerJuly 30, 2024
War in Europe is waking CEOs up from their ‘geopolitical nap’
NewslettersWar in Europe is waking CEOs up from their ‘geopolitical nap’
By Peter Vanham and Nicholas GordonJune 20, 2024
Elon Musk and Larry Fink—ideological opposites—find common ground: the pursuit of shareholder democracy
NewslettersElon Musk and Larry Fink—ideological opposites—find common ground: the pursuit of shareholder democracy
By Peter Vanham and Nicholas GordonJune 12, 2024
Visitors are seen during the first public day of the Geneva International Motor Show in Geneva
NewslettersThe Geneva Motor Show is ditching Europe for Qatar as the global jet set looks east
By Peter Vanham and Nicholas GordonJune 5, 2024
I went to a ‘fitness hotel’ in Dubai, where execs shell out thousands for grueling workouts, luxe recovery sessions, and Michelin-starred feasts
MagazineI went to a ‘fitness hotel’ in Dubai, where execs shell out thousands for grueling workouts, luxe recovery sessions, and Michelin-starred feasts
By Rainbow NelsonJune 1, 2024
A Columbia University student walks through a nearly empty campus after police cleared out a Gaza protest encampment on May 06, 2024.
PoliticsCivil disobedience and calls for financial divestments ‘have an important place in democracy’—but many schools also have donors to worry about
By Sunny NagpaulJune 1, 2024
Steve Wozniak addressing students as the keynote speaker at the University of California, Berkeley's commencement ceremony on May 13, 2023.
SuccessApple cofounder Steve Wozniak was expelled from the school where he just delivered his commencement speech—’be leaders, not followers’
By Sunny NagpaulMay 11, 2024
NYPD officers detain dozens of pro-Palestinian students at Columbia University near the Gaza Solidarity Encampment on April 30, 2024.
PoliticsColumbia created new rules after historic 1968 protests. Its administration just broke them to authorize police on campus, university report concludes
By Sunny NagpaulMay 7, 2024
Ex-Googler and Palestinian-American fired for opposing Project Nimbus speaks out: ‘This was not my idea of what the American workplace should be’
SuccessEx-Googler and Palestinian-American fired for opposing Project Nimbus speaks out: ‘This was not my idea of what the American workplace should be’
By Chloe BergerApril 23, 2024
Bitcoin struggles to regain momentum after weekend wipeout erased more than 10%
The CoinsBitcoin struggles to regain momentum after weekend wipeout erased more than 10%
By Niamh RoweApril 16, 2024
From celebrity chef to a direct line to the White House, here’s how José Andrés became the face of food philanthropy and a major player in international politics
LeadershipFrom celebrity chef to a direct line to the White House, here’s how José Andrés became the face of food philanthropy and a major player in international politics
By Sunny NagpaulApril 5, 2024
The Middle East is pitching itself as the future of crypto. Will companies follow?
NewslettersThe Middle East is pitching itself as the future of crypto. Will companies follow?
By Leo SchwartzMarch 6, 2024
Saudi Arabia needs a second airline because it’s ‘not as easy as it should be’ to get to ‘the home of Cristiano Ronaldo,’ says the CEO of the country’s next carrier
LeadershipSaudi Arabia needs a second airline because it’s ‘not as easy as it should be’ to get to ‘the home of Cristiano Ronaldo,’ says the CEO of the country’s next carrier
By Lionel LimFebruary 28, 2024
Israeli soldiers standing outside a grocery store
PoliticsIsrael’s economy sinks 20% as the war decimates consumer spending and real estate investments
By Paolo ConfinoFebruary 20, 2024
Billionaire investor Bill Ackman said diversity policies have ignored Jews. He’s not entirely wrong
NewslettersBillionaire investor Bill Ackman said diversity policies have ignored Jews. He’s not entirely wrong
By Ruth UmohNovember 22, 2023
Jared Kushner, Arab and Israeli officials outline day-after solutions for the first time since the Oct. 7 attacks at Yale’s Middle East Peace Dialogue
CommentaryJared Kushner, Arab and Israeli officials outline day-after solutions for the first time since the Oct. 7 attacks at Yale’s Middle East Peace Dialogue
By Jeffrey Sonnenfeld and Steven TianNovember 20, 2023
‘This is not cancel culture’: Ron DeSantis defends directive to ban pro-Palestinian group at Florida universities
Politics‘This is not cancel culture’: Ron DeSantis defends directive to ban pro-Palestinian group at Florida universities
By Steve MollmanOctober 29, 2023
Elon Musk says SpaceX will offer Starlink in Gaza to international aid groups: ‘A communications blackout does seem questionable’
TechElon Musk says SpaceX will offer Starlink in Gaza to international aid groups: ‘A communications blackout does seem questionable’
By Steve MollmanOctober 28, 2023
Israeli hostages
PoliticsFormer National Intelligence Counsel chair sees ‘no happy ending’ for Gaza hostage situation
By Gregory F. Treverton and The ConversationOctober 26, 2023
Israel tanks
Politics20-year intel, FBI vet lays out what Israel’s ground war will run into: Suicide attackers, roadside bombs, IEDs, snipers, and more
By Javed Ali and The ConversationOctober 25, 2023
Evan Spiegel
TechSnap’s stock wobbles as it yanks guidance on ‘unpredictable nature of war’
By Paige Hagy and Nick LichtenbergOctober 24, 2023
Lebanon
PoliticsHezbollah’s reaction to the Israel-Hamas war could finally answer whether the group cares more about Lebanon or being a proxy for Iran
By Asher Kaufman and The ConversationOctober 22, 2023
Mohamed Bin Salman
PoliticsSaudi Arabia wanted to ‘de-risk’ the Middle East. Instead it has to hit pause on normalization with Israel
By Kristian Coates Ulrichsen and The ConversationOctober 21, 2023
Bill Ackman
PoliticsFrom CEOs to billionaires to Harvard students, everyone is struggling to discuss the Israel-Hamas war. Here’s what you need to know before you talk about it
By Paolo ConfinoOctober 19, 2023
Mark Zuckerberg’s Threads ‘temporarily’ blocks COVID search terms to focus on larger misinformation concerns
TechMark Zuckerberg’s Threads ‘temporarily’ blocks COVID search terms to focus on larger misinformation concerns
By Chris MorrisOctober 19, 2023
Sian Beilock onstage at Fortune's MPW Summit in Laguna Niguel, Calif.
NewslettersHow businesses can partner with colleges to create diverse entry-level pipelines after affirmative action reversal
By Ruth UmohOctober 18, 2023
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Most Popular
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stockplaceholder alt text
By Jim EdwardsJune 23, 2026
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cupplaceholder alt text
By Orianna Rosa RoyleJune 23, 2026
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'placeholder alt text
By Sydney LakeJune 21, 2026
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