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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

1

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

2

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 12 of 15
Investors ride the Big Tech rally even as COVID cases and unemployment spike
NewslettersInvestors ride the Big Tech rally even as COVID cases and unemployment spike
By Bernhard WarnerAugust 21, 2020
The S&P 500 is on its best bull run in 87 years. Here’s why
NewslettersThe S&P 500 is on its best bull run in 87 years. Here’s why
By Bernhard WarnerAugust 14, 2020
EGYPT-US-DIPLOMACY
LeadershipSecretary of State Pompeo Combats Obama Administration Ideals in Cairo Speech
By Renae ReintsJanuary 10, 2019
Theresa May Meets Saudi Crown Prince
Middle EastFor Saudi Arabia, Deep and Lasting Ramifications for Khashoggi Debacle
By Vivienne WaltOctober 19, 2018
syria-chemical-weapon-exercise
Middle EastU.S. and France Implement Sanctions to Fight Chemical Warfare in Syria
By Renae ReintsJuly 25, 2018
EGYPT-TRANSPORT-UBER-ECONOMY
TechUber Might Be Merging Another One of Its International Divisions With a Competitor
By Natasha BachJuly 4, 2018
Here Are the Most Expensive Cities for Expatriates in 2018
Middle EastHere Are the Most Expensive Cities for Expatriates in 2018
By Sarah GrayJune 26, 2018
The Richest Man in the Middle East Might Be Forced Pay $6 Billion for His Freedom
Middle EastThe Richest Man in the Middle East Might Be Forced Pay $6 Billion for His Freedom
By Emily PriceDecember 23, 2017
Pope Francis Weighs in With Jerusalem Embassy Warning
LeadershipPope Francis Weighs in With Jerusalem Embassy Warning
By Fortune Editors and ReutersDecember 6, 2017
Deputy Crown Prince of Saudi Arabia Mohammad bin Salman Al Saud press conference in Riyadh
LeadershipSaudi Crown Prince Says Iran’s Leader Is ‘the New Hitler’ of the Middle East
By ReutersNovember 24, 2017
Al-Waleed bin Talal in Jordan
LeadershipMajor Saudi Tech Investor Arrested in Broad Purge
By David Z. MorrisNovember 5, 2017
Riyadh’s King Abdullah Petroleum Studies and Research Center, designed by Zaha Hadid Architects.
Design ThinkingZaha Hadid Architects’ New Energy Research Centre Is Fit For A King
By WallpaperOctober 24, 2017
IRAQ-KURDS-CONFLICT
EnergyA Middle East Dilemma for the U.S. as Iraqi Troops Attack Kurdish Forces
By Fortune Editors and ReutersOctober 16, 2017
The Dubai Marina is seen from above
Real EstateThis is the First Real Estate Development to Accept Bitcoin as Payment
By ReutersSeptember 5, 2017
U.S. Airline Industry Struggles Through Turbulent Times
TechU.S. to Review Remaining Middle East Airlines Under Laptop Ban
By ReutersJuly 11, 2017
Bic Camera Akihabara Store Grand Opening
Middle EastU.S. Lifts Laptop Ban on Inbound Flights From Abu Dhabi
By Fortune Editors and ReutersJuly 3, 2017
An Emirates Airbus A380 plane.
Middle EastEmirates Is Working to Overturn the Laptop Ban on Middle East Flights
By ReutersJune 29, 2017
Passengers At The Dubai International Airport
Middle EastAirplane Laptop Ban Is Slowing Growth of Middle Eastern Airlines
By ReutersJune 1, 2017
US-SAUDI-ISLAMIC-SUMMIT-TRUMP
LeadershipExhausted President Trump Visits Israel in Search of Revived Peace Process
By ReutersMay 22, 2017
SAUDI-ECONOMY-FINANCE-STOCK
FinanceU.S. 9/11 Lawsuit Against Saudi Banks Drags on Index
By ReutersApril 16, 2017
5 Signs President Trump Leads Like a Middle East Dictator
Commentary5 Signs President Trump Leads Like a Middle East Dictator
By Brian KatulisApril 5, 2017
Emirates Airbus A380 landing
Middle EastFlights From the Middle East to Australia Get Extra Security Screening
By Lucinda ShenApril 3, 2017
Vice.com Launch Party
TechVice Is Bringing Its Journalism Style to Middle East Millennials
By ReutersMarch 29, 2017
Amazon's Jeff Bezos Introduces Kindle 2 At NYC Press Conference
TechAmazon Plans a Big Acquisition in the Middle East
By ReutersMarch 22, 2017
Young woman taking a picture on an airplane
TechSecurity Experts Question Wisdom of Airline Electronics Ban
By ReutersMarch 21, 2017
Travellers Depart From London Heathrow Airport As British Airways Cabin Crew Call Off Christmas Strikes
TechU.K. Expected to Impose Similar Electronic Restrictions For Some Flights
By ReutersMarch 21, 2017
Young woman taking a picture on an airplane
TechTrump’s New Device Ban on Airplanes: What You Need to Know
By Jeff John RobertsMarch 21, 2017
Passengers At The Dubai International Airport
Middle EastU.S. Bans Large Electronics on Flights From 10 Airports in Middle East and North Africa
By ReutersMarch 21, 2017
U.S. President Donald Trump Meets With Saudi Arabia's Defense Minister Mohammed Bin Salman
LeadershipTrump’s Meeting with the Saudi Prince Is Being Praised as a ‘Historical Turning Point’
By Reuters and Michelle TohMarch 15, 2017
UAE-POLITICS-GOVERNMENT-SUMMIT-TECHNOLOGY-TRANSPORT
FinanceDubai Holding Chairman Resigns to Focus on Government Role
By ReutersFebruary 25, 2017
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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
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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