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'Work hard, stay loyal, and the system will reward you': the Boomer credo is a Gen X betrayal and a Millennial pipe dream

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Current price of oil as of June 16, 2026

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Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI

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'Work hard, stay loyal, and the system will reward you': the Boomer credo is a Gen X betrayal and a Millennial pipe dream

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Current price of oil as of June 16, 2026

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Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI
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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.
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The G7 has some special lunchtime guests this year: Sam Altman, Demis Hassabis and Dario Amodei 

When the White House forced Anthropic to cut off all non-American access to its most advanced models, it handed European leaders an argument.

By Kelvin Chan and The Associated PressJune 17, 2026
The art of the bail: Iran got what it wanted. Did the U.S.? Everyone is judging Trump’s MIA MOU
The art of the bail: Iran got what it wanted. Did the U.S.? Everyone is judging Trump’s MIA MOU
By Jim EdwardsJune 17, 2026
Vessels lie at anchor in the Strait of Hormuz off Iran's coast.
Filling up your car won’t feel normal until next summer, S&P says
By Tristan BoveJune 16, 2026
trump
Iran, Trump have a common problem in their deal to end the war: Israel
By Jon Gambrell, Sam Metz, Samy Magdy and The Associated PressJune 16, 2026
U.S.-Iran interim deal: What could a Gulf bounce back look like?
U.S.-Iran interim deal: What could a Gulf bounce back look like?
By Melissa HancockJune 16, 2026
Gulf private credit opportunities shine amid global volatility 
Gulf private credit opportunities shine amid global volatility 
By Melissa HancockJune 16, 2026
Latest Stories
PayPal Mafia member and ex-Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades
Startups & VenturePayPal Mafia member and ex-Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades
By Allie GarfinkleJune 17, 2026
Biden’s flip-flopping on student loan promises made borrowers increase discretionary spending, and were 7.5% more likely to default as a result
Personal FinanceBiden’s flip-flopping on student loan promises made borrowers increase discretionary spending, and were 7.5% more likely to default as a result
By Catherina GioinoJune 17, 2026
Kevin Warsh, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, June 17, 2026.
EconomyKevin Warsh’s first Fed meeting sees rates hold steady and makes outright promise to deliver price stability—but don’t expect many details on when
By Eleanor PringleJune 17, 2026
Mark Zuckerberg speaks and holds both hands up while standing in front of a purple background.
EconomyTokens are getting cheaper, but companies are spending even more on AI as a result, top economist warns
By Sasha RogelbergJune 17, 2026
Jeff Bezos
AI‘AI is going to create a labor shortage’: Jeff Bezos sees more jobs being created in the new economy, not less
By Catherina GioinoJune 17, 2026
A farmer walks through drought-stricken field of crops
EconomyOne of the most powerful El Niños on record cost the world economy $5.7 trillion. The 2026 cycle might be even stronger
By Tristan BoveJune 17, 2026
Samuel-Bankman-Fried leaving a Manhattan federal court amid his bail conditions hearing in 2023.
CryptoSam Bankman-Fried’s pardon bid faces bipartisan pushback in Congress: ‘Keep him locked up’
By Camila Grigera NaónJune 17, 2026
Brinker’s CIO spent years rebuilding restaurant tech. Now, the Chili’s operator is ready to explore more AI
NewslettersBrinker’s CIO spent years rebuilding restaurant tech. Now, the Chili’s operator is ready to explore more AI
By John KellJune 17, 2026
More Middle EastPage 3 of 14
war
CommentaryCompanies are now on the front lines of war. They need to act like it
By Jeremy BashMarch 21, 2026
powell
CommentaryThe Strait of Hormuz is the fourth large supply shock this decade. Welcome to the new era of global disorder
By Jon HilsenrathMarch 21, 2026
US President Donald Trump, left, and Marco Rubio, US secretary of state, speak to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, March 20, 2026. US officials said the White House is sending more than 2,000 additional Marines to the Middle East as it weighs a plan to seize Iran's Kharg Island oil export hub, a ground operation that would carry huge risks for President Donald Trump.
EnergyThree weeks into the Iran war that’s requested $200 billion, here’s what success for Trump might look like
By Jordan BlumMarch 21, 2026
It’s looking like Trump’s war created a private oil lane for China and other countries willing to play ball with Iran
Middle EastIt’s looking like Trump’s war created a private oil lane for China and other countries willing to play ball with Iran
By Jason MaMarch 20, 2026
A man walks between two luxury cars with the skyline of Dubai in the background.
RetailThe Middle East is one of the world’s fastest growing luxury markets—and the war in Iran may cut its sales in half, analysts say
By Sasha RogelbergMarch 20, 2026
Photo: A-10 Thunderbolt Warthog.
BankingAs the U.S. gears up for a potential ground war in Iran, $100-plus oil threatens ‘demand destruction’ — starting in Asia
By Jim EdwardsMarch 20, 2026
US Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Market Committee meeting at the Federal Reserve Board Building in Washington, DC, on March 18, 2026.
EconomyThe next time the Fed moves it’ll be to hike, according to one economist—whether or not Trump gets his new Fed chair
By Eleanor PringleMarch 20, 2026
Chris Wright, US energy secretary sitting next to US President Donald Trump
EnergyTrump officials say gas prices will return to normal in ‘a few more weeks,’ but his own Energy Department says it will be 2027
By Tristan BoveMarch 18, 2026
Traders work on the floor of the New York Stock Exchange during morning trading on March 18, 2026 in New York City.
EnergyOil prices hit nearly $110 as Iran vows to escalate the war in ‘new ways’
By Eva RoytburgMarch 18, 2026
guillaume
CommentaryThe U.S. attacked Iran to show its power but the war is already lost. Epic Fury looks like an Epic Fail
By Guillaume LongMarch 18, 2026
A technician in Germany works on a battery system for a Volkswagen electric vehicle.
EconomyThe world’s EVs were already replacing 70% of Iran’s oil exports. The war just made that matter
By Tristan BoveMarch 18, 2026
Customer Jann Gregg of Schenectady pumps gas at the GasWay Xpress Mart at 1120 Erie Blvd. pump gas on Wednesday, Dec. 3, 2025, in Schenectady, N.Y.
EconomyEconomists are ‘loath’ to call a recession, but the odds just hit 49% for the next 12 months according to Moody’s top economist
By Eleanor PringleMarch 18, 2026
PHOTO: DONALD TRUMP
Big TechAs Trump rages against his allies, Republicans are asking what the plan is to end the chaos in Iran
By Jim EdwardsMarch 18, 2026
man in a suit
PoliticsWho is Joe Kent? Meet the Green Beret, MAGA loyalist, and former political candidate who quit over Iran
By Catherina GioinoMarch 17, 2026
trump
CommentaryTrump’s Iran War looks improvised. It isn’t. Here’s the playbook he’s been running for decades
By Jeffrey Sonnenfeld and Steven TianMarch 17, 2026
constantine
CommentaryThe next energy superpower will make its own fuel
By Gregory ConstantineMarch 17, 2026
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
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'Work hard, stay loyal, and the system will reward you': the Boomer credo is a Gen X betrayal and a Millennial pipe dreamplaceholder alt text
By Nick LichtenbergJune 16, 2026
Personal Finance
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By Joseph HostetlerJune 16, 2026
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Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AIplaceholder alt text
By Tristan BoveJune 15, 2026
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