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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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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
ks
Politics10 years of Brexit means 7 Prime Ministers and a broken British politics
By Jill Lawless and The Associated PressJune 23, 2026
burnham
PoliticsBritain poised for ‘Manchesterism’ under presumptive next Prime Minister Andy Burnham
By Jill Lawless and The Associated PressJune 23, 2026
Polymarket CEO Shayne Coplan clasps his hands and looks off to the far right.
CryptoPolymarket allegedly faked trades. Chances are slim Trump admin investigates, says sports-betting attorney
By Camila Grigera NaónJune 23, 2026
fr
EnvironmentFrance rues widespread lack of air conditioning as country roasts under 104-degree heat wave
By Samuel Petrequin and The Associated PressJune 23, 2026
Fiona Fung, wearing a green blouse, speaks on stage with "Claude" written on the background.
Workplace CultureAnthropic engineering head says Claude Code made employees’ work a ‘lonely experience’—and it could hint at Big Tech’s bigger morale problem
By Sasha RogelbergJune 23, 2026
merz
EuropeThe German government thinks ‘failure is not an option’ in its quest to raise the retirement age
By Geir Moulson and The Associated PressJune 23, 2026
un
Environment‘It is time to come clean’: UN Secretary General calls out AI companies on their climate impact
By Alexa St. John and The Associated PressJune 23, 2026
mex
North AmericaAfter FIFA priced them out of their own World Cup, many Mexicans take their TVs to the street
By Megan Janetsky and The Associated PressJune 23, 2026
More Middle EastPage 4 of 15
Jeremy Siegel, the Russell E. Palmer Professor of Finance at the Wharton School, speaks during the Wharton Global Alumni Forum in Madrid, Spain, on Thursday, June 24, 2010.
EconomyA market correction of 10% could be on the cards as consumer psychology shifts due to gas prices, says top economist
By Eleanor PringleMarch 17, 2026
Photo: President Trump.
EconomyBackchannel talks between U.S. and Iran offer Trump an off-ramp—if he wants it
By Jim EdwardsMarch 17, 2026
Photo of Ray Dalio
Middle EastRay Dalio warns a brutal ‘final battle’ for the Strait of Hormuz is coming—and losing could end the American empire
By Eva RoytburgMarch 17, 2026
Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. Smoke could be seen rising from the direction of a major UAE energy installation on March 14, in what appeared to be the latest strike targeting the Gulf's petroleum facilities hours after the US struck Iran's Kharg Island.
EnergyVenezuela has the world’s largest proven oil reserves, but it can’t solve for the Strait of Hormuz ‘math problem’
By Jordan BlumMarch 17, 2026
U.S. President Donald Trump listens during a press conference with Ukrainian President Volodymyr Zelensky following their meeting at Trump’s Mar-a-Lago club on December 28, 2025 in Palm Beach, Florida.
Politics‘Blackmail is also not what I wish for’: America’s allies are ghosting Trump on Strait of Hormuz
By Eva RoytburgMarch 16, 2026
President Donald Trump at the White House
EconomyThe energy crisis isn’t recessionary yet, but there’s a scenario where oil prices could bring the US economy to a ‘standstill,’ Oxford Economics says
By Tristan BoveMarch 16, 2026
Iran’s attacks have collapsed, and the trend is ‘overwhelmingly positive,’ analysts say. But the military side is separate from politics and markets
Middle EastIran’s attacks have collapsed, and the trend is ‘overwhelmingly positive,’ analysts say. But the military side is separate from politics and markets
By Jason MaMarch 16, 2026
gutman, shah
BankingGoldman’s top international execs say the Iran war has parallels to the Russia’s invasion of Ukraine, but there are key differences
By Nick LichtenbergMarch 16, 2026
Photo: Donald Trump
EnergyWith Iran still in control of Hormuz, Trump threatens NATO and oil hits $106
By Jim EdwardsMarch 16, 2026
Despite Greenland crisis, Trump suggests NATO owes him help on Iran war after U.S. support for Ukraine. ‘We’ve been very sweet’
EnergyDespite Greenland crisis, Trump suggests NATO owes him help on Iran war after U.S. support for Ukraine. ‘We’ve been very sweet’
By Jason MaMarch 15, 2026
The closed Strait of Hormuz is testing Asia’s energy security. The answer lies across the Pacific—in Canada
CommentaryThe closed Strait of Hormuz is testing Asia’s energy security. The answer lies across the Pacific—in Canada
By Barrett BingleyMarch 15, 2026
President Donald Trump salutes as a U.S. Army carry team moves a flag-draped transfer case containing the remains of Sgt. Declan J. Coady at Dover Air Force Base on March 07, 2026 in Dover, Delaware.
Middle EastThe war with Iran has defense experts wondering if Khamenei will attempt to activate sleeper cells on U.S. soil
By Eleanor PringleMarch 15, 2026
1970s car waiting for gas during the gas crisis of the 1970s.
Middle EastSo, what happens during a gas crisis, anyway? Your older relatives have a reason to bring up what could come next
By Catherina GioinoMarch 15, 2026
‘Peak war panic’ will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn’t want to make a deal with Iran yet
Energy‘Peak war panic’ will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn’t want to make a deal with Iran yet
By Jason MaMarch 14, 2026
Trump’s AI czar calls for U.S. to ‘get out’ of war and warns Iran has a ‘dead man’s switch’ that could render Gulf states almost uninhabitable
Middle EastTrump’s AI czar calls for U.S. to ‘get out’ of war and warns Iran has a ‘dead man’s switch’ that could render Gulf states almost uninhabitable
By Jason MaMarch 14, 2026
Handout photo taken on March 11, 2026 and released by the Royal Thai Navy shows smoke rising from the Thai bulk carrier 'Mayuree Naree' near the Strait of Hormuz after an attack. A Thai bulk carrier travelling in the crucial Strait of Hormuz was attacked March 11, with 20 crew members rescued so far, the Thai navy said.
EnergySkyrocketing energy prices and inflation woes mount as the ‘absurd’ reality in Iran sinks in
By Jordan BlumMarch 14, 2026
photo of stage at conference
CryptoFlagship Dubai crypto conference Token2049, in sudden reversal, cancels due to Iran war
By Carlos GarciaMarch 13, 2026
President Donald Trump
EnergyThe war in Iran has caused the biggest oil supply disruption in history, energy watchdog says, and a swift end to the conflict might not change that
By Tristan BoveMarch 13, 2026
The Strait of Hormuz is an Iranian ‘kill box,’ preventing the U.S. Navy from securing it right now and letting tankers pass through freely
EnergyThe Strait of Hormuz is an Iranian ‘kill box,’ preventing the U.S. Navy from securing it right now and letting tankers pass through freely
By Jason MaMarch 13, 2026
Photo: President Trump
EconomyWall Street buckles in for a long war as Hormuz remains closed and Trump says he has ‘plenty of time’
By Jim EdwardsMarch 13, 2026
A bomb disposal officer in 1945 pulling a mine from the sea on the South East coast of Britain near Hythe.
Middle EastIran’s simplest weapon is now holding the global economy hostage
By Eva RoytburgMarch 13, 2026
grocery store
EnergyOil and fertilizer prices are climbing. Your grocery bill may follow
By Jake AngeloMarch 13, 2026
Nepali consumers wait in line carrying empty LPG cylinders as they rush to gas depots to refill them as growing tensions in West Asia halt the supply in Kathmandu, Nepal, on March 12, 2026. People wait for hours hoping to refill their gas cylinders. While some manage to purchase filled cylinders, many others return empty-handed as supplies remain limited. The disruption follows the escalating conflict involving the United States, Israel, and Iran, which heightens tensions across the Gulf region. Shipping through the Strait of Hormuz, a key maritime route bordering Iran, the United Arab Emirates, and Oman, is also affected by the conflict, disrupting the transport of gas and petroleum products. The impact is now felt in markets around the world.
EnergyExxon, Chevron, and other US oil and gas producers and refiners hit all-time-high stock values amid Iran war while consumers pay the price
By Jordan BlumMarch 12, 2026
A man stands amidst a field of corn.
EconomyFertilizer prices soar as Strait of Hormuz tensions rise—forcing U.S. farmers to rethink spring planting
By Sasha RogelbergMarch 12, 2026
A sign reading 'out of stock' is displayed at a gas station amid rising petrol prices in Manila, the Philippines
EconomyThe Iran war is reviving remote work across the world — from Denmark to Vietnam
By Tristan BoveMarch 12, 2026
The latest accounting on Trump’s Iran war show it could spike the national debt by $65 billion over 60 days
EconomyThe latest accounting on Trump’s Iran war show it could spike the national debt by $65 billion over 60 days
By Shawn TullyMarch 12, 2026
trump
EnergyTrump just put Republicans’ hold on the Senate at risk while sending the national debt higher, Morgan Stanley says
By Nick LichtenbergMarch 12, 2026
U.S. President Donald Trump speaks to the press after landing on Air Force One on March 11, 2026 at Joint Base Andrews, Maryland.
EconomyStagflation risks are rising due to Iran conflict, as economist warns it’s ‘getting harder to argue disruption will be temporary’
By Eleanor PringleMarch 12, 2026
Photo: Infographic with map showing the Strait of Hormuz, locating floating objects (generally boats) captured by the Sentinel-1 radar satellite, before and after the announcement of the blockade of the strait by the Iranian Revolutionary Guard, according to an AFP analysis (Graphic by Valentin RAKOVSKY and Julie PEREIRA / AFP)
EnergyOil went over $100 again after the U.S. admitted it cannot control the Strait of Hormuz
By Jim EdwardsMarch 12, 2026
fleet
CommentaryThe shadow fleet and illegal oil are still moving through the Strait of Hormuz
By Charles Edward GehrkeMarch 11, 2026
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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'placeholder alt text
By Sydney LakeJune 21, 2026
Personal Finance
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By Joseph HostetlerJune 22, 2026
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By Joseph HostetlerJune 22, 2026
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