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

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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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Current price of oil as of June 22, 2026

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

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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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Current price of oil as of June 22, 2026
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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
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
Google DeepMind CEO Demis Hassabis (left) stands on a spiral staircase next to Google DeepMind researcher John Jumper.
NewslettersDefections from Google DeepMind prompt questions about Alphabet’s efforts to stay at the forefront of AI
By Jeremy KahnJune 23, 2026
dr
HealthThe U.S. cut cancer deaths by 34% since 1991—but not in 458 rural counties
By Arthur Cosby and The ConversationJune 23, 2026
More Middle EastPage 11 of 15
Ron DeSantis
PoliticsRon DeSantis called all Gazans ‘antisemitic,’ but polls suggest they dislike Hamas and feel hopeless about the Israeli blockade
By Nathan French and The ConversationOctober 18, 2023
WHO confirms hundreds are dead from an attack on a Gaza hospital ‘unprecedented in scale’
PoliticsWHO confirms hundreds are dead from an attack on a Gaza hospital ‘unprecedented in scale’
By Erin PraterOctober 17, 2023
Gaza hospital
PoliticsThe WHO called Israel’s evacuation of Gaza hospitals a ‘death sentence.’ Palestinian health expert says it was underfunded for a century before Israel’s blockade
By Yara M. Asi and The ConversationOctober 17, 2023
Jared Kushner: Middle East has ‘tremendous potential’ but has been held back by ‘bad policy’ 
PoliticsJared Kushner: Middle East has ‘tremendous potential’ but has been held back by ‘bad policy’ 
By Steve MollmanOctober 15, 2023
Israel
PoliticsDeadliest day for Jews since the Holocaust shakes the foundations of Israel as a safe homeland, says double MacArthur-winning historian
By Avner Cohen and The ConversationOctober 15, 2023
6 reliable charities for those looking to help civilians affected by the Israel-Hamas war
Health6 reliable charities for those looking to help civilians affected by the Israel-Hamas war
By Erin PraterOctober 13, 2023
Israel’s war against Hamas roils Harvard as students, billionaires, and faculty accuse each other of anti-Semitism and McCarthyism
PoliticsIsrael’s war against Hamas roils Harvard as students, billionaires, and faculty accuse each other of anti-Semitism and McCarthyism
By Paolo ConfinoOctober 13, 2023
Israel's Iron Dome
PoliticsAerospace engineer who studies defense systems explains the simple reason that Israel’s Iron Dome failed against Hamas
By Iain Boyd and The ConversationOctober 13, 2023
Gaza residents
PoliticsIsrael’s blockade of Gaza means that a region the size of Philadelphia faces a real risk of starvation, says Peace Studies scholar
By Topher L. McDougal and The ConversationOctober 13, 2023
Israeli military
PoliticsThe Modern War Institute’s founding director says the Israeli military was just unprepared for Hamas’ sudden attack
By Liam Collins and The ConversationOctober 13, 2023
Gas shortage
Environment3 stunning charts show how the world of gas-guzzling has changed—and hasn’t—since the trauma of the 1973 oil embargo
By Jim Krane, Mark Finley and The ConversationOctober 12, 2023
Marc Rowan, chief executive officer of Apollo Global Management, speaks during an Economic Club of New York event in New York, US, on Tuesday, June 6, 2023.
LeadershipApollo CEO Marc Rowan calls on University of Pennsylvania donors to send just $1 in protest until two leaders resign over anti-Semitism allegations
By Chloe TaylorOctober 12, 2023
Iranian Supreme Leader Ali Khamenei
PoliticsWith Israel and Gaza at war, there’s no smoking gun pointing to Iran yet, but that doesn’t stop some from seeing it
By Paolo Confino and Nick LichtenbergOctober 11, 2023
Israel hostage vigil
PoliticsIsrael has no good options for dealing with Hamas’ hostage-taking in Gaza, security expert says
By James Forest and The ConversationOctober 11, 2023
Uber’s response to the 2021 Israel-Palestine conflict is a master class for companies taking a stand on the war
NewslettersUber’s response to the 2021 Israel-Palestine conflict is a master class for companies taking a stand on the war
By Ruth UmohOctober 11, 2023
The war in Israel is already an issue inside workplaces. Here’s how leaders can talk about it with employees
LeadershipThe war in Israel is already an issue inside workplaces. Here’s how leaders can talk about it with employees
By Lila MacLellanOctober 10, 2023
Mohammed bin Salman
PoliticsSaudi media, officials revert to familiar positions on Israel as regional tensions heat up—but that doesn’t mean a deal is dead in the water
By Mohamed El AassarOctober 9, 2023
Gaza mosque
Politics50 years and a day after being caught off guard in the Yom Kippur War, Israel goes back to the scary ’70s in the stunning Hamas attack
By Dov Waxman and The ConversationOctober 9, 2023
What Israel-Hamas war means for oil prices: ‘There is definitely going to be a fear trade put in place’
FinanceWhat Israel-Hamas war means for oil prices: ‘There is definitely going to be a fear trade put in place’
By Steve MollmanOctober 8, 2023
Why Iran is the big winner from Hamas’ massive shock attack on Israel, according to Air Force analyst of Middle East affairs
FinanceWhy Iran is the big winner from Hamas’ massive shock attack on Israel, according to Air Force analyst of Middle East affairs
By Aaron Pilkington and The ConversationOctober 8, 2023
Photo of Bill Ackman
FinanceBusiness community shocked and outraged by attack on Israel: ‘Terrorism loves a leadership vacuum and we have created one’
By Steve MollmanOctober 8, 2023
Photo of Elon Musk
TechElon Musk says ‘sorry to see what’s happening in Israel’ after surprise attacks by Hamas
By Steve MollmanOctober 7, 2023
Ben Stokes of England celebrates scoring 100 runs during day 2 of the 3rd Test match between South Africa and England at St Georges Park on January 17, 2020 in Port Elizabeth, South Africa.
FinanceSaudi Arabia has so much money to spend on sports no one else can compete, says one of the world’s most popular athletes
By Chloe TaylorSeptember 1, 2023
Move over, Dubai: Riyadh Air’s CEO is building an airline from scratch in hopes of transforming Saudi Arabia into the hottest new tourist destination
LeadershipMove over, Dubai: Riyadh Air’s CEO is building an airline from scratch in hopes of transforming Saudi Arabia into the hottest new tourist destination
By Phil WahbaAugust 22, 2023
Saudi Arabia’s stunning sports summer offers ‘quicker movement on the sort of ideological maneuvering that sportswashing is so much about’
LifestyleSaudi Arabia’s stunning sports summer offers ‘quicker movement on the sort of ideological maneuvering that sportswashing is so much about’
By Paolo ConfinoJuly 30, 2023
View of the Burj Khalifa in Dubai
CommentaryThe evolution of crypto and Web3 in the Arab world
By Aline DaoudDecember 19, 2022
Qatar just spat in the face of Budweiser’s $75 million World Cup sponsorship
LifestyleQatar just spat in the face of Budweiser’s $75 million World Cup sponsorship
By Steve MollmanNovember 18, 2022
Collage of Putin and Sri Lankan protesters
Energy‘Each passing day life is becoming unbearable’: How Putin’s war in Ukraine is wreaking economic havoc from Pakistan to Sri Lanka and destabilizing governments worldwide
By Yvonne LauAugust 27, 2022
Sheikh Hamdan bin Mohammed bin Rashid al-Maktoum
The LedgerThe crown prince of Dubai says he has a ‘metaverse strategy’ that will add 40,000 jobs and $4 billion to the economy in 5 years
By Marco Quiroz-GutierrezJuly 19, 2022
Why the Fed’s huge policy shift on inflation could be rocket fuel for stocks
NewslettersWhy the Fed’s huge policy shift on inflation could be rocket fuel for stocks
By Bernhard WarnerAugust 28, 2020
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Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stockplaceholder alt text
By Jim EdwardsJune 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
Personal Finance
Current price of oil as of June 22, 2026placeholder alt text
By Joseph HostetlerJune 22, 2026
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