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The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

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Current price of oil as of September 1, 2026

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The Pentagon is giving 3 million military and civilian workers access to ChatGPT and Grok through a secure AI platform built for ‘warfighter needs’

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The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

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Current price of oil as of September 1, 2026

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The Pentagon is giving 3 million military and civilian workers access to ChatGPT and Grok through a secure AI platform built for ‘warfighter needs’
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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.
Saudi fires up Gulf AI race with $15 billion tech deals at LEAP 
Saudi fires up Gulf AI race with $15 billion tech deals at LEAP 

In this week’s Fortune Gulf Brief.

By Melissa HancockSeptember 2, 2026
War knocked Dubai’s airport traffic down 31%. Its CEO says its global hub ambitions haven’t changed
War knocked Dubai’s airport traffic down 31%. Its CEO says its global hub ambitions haven’t changed
By Inzamam RashidSeptember 1, 2026
Iran’s president admits ‘we have many problems’ and missiles ‘are of no use’ as the U.S. chokes its economy while weakening Tehran’s grip on Hormuz
Iran’s president admits ‘we have many problems’ and missiles ‘are of no use’ as the U.S. chokes its economy while weakening Tehran’s grip on Hormuz
By Jason MaAugust 30, 2026
New U.S. sanctions will hit ordinary Iranians hard. That may be the whole point as the crashing economy stirs fresh protests
New U.S. sanctions will hit ordinary Iranians hard. That may be the whole point as the crashing economy stirs fresh protests
By Jason MaAugust 29, 2026
Why Dubai has become a city of retail traders
Why Dubai has become a city of retail traders
By Inzamam RashidAugust 26, 2026
Trump’s pronouncements are triggering instant trades in the Middle East as UAE investors place bigger bets
Trump’s pronouncements are triggering instant trades in the Middle East as UAE investors place bigger bets
By Inzamam RashidAugust 25, 2026
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U.S. President Donald Trump waves to the media after walking off of Air Force One at Miami International Airport on April 11, 2026 in Miami, Florida.
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Trump says the Iran war is ‘very close to over’—despite no deal, a live blockade, and threats mounting
By Eva RoytburgApril 15, 2026
NEW YORK, NEW YORK - DECEMBER 12: President-elect Donald Trump rings the opening bell on the trading floor of the New York Stock Exchange (NYSE) on December 12, 2024 in New York City. Trump was invited to the Exchange after being named TIME’s “Person of the Year” for the second time. (Photo by Spencer Platt/Getty Images)
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Wall Street is the biggest winner of the Iran war—and the S&P 500 just turned positive for the year
By Eva RoytburgApril 13, 2026
U.S. 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.
Politics
Trump has wanted to humble Iran since 1980. He may be humbling the American empire instead
By Eva Roytburg and Nick LichtenbergApril 13, 2026
Traders work on the floor of the New York Stock Exchange (NYSE) on April 04, 2025 in New York City.
Politics
Within a day, the Iran-U.S. ceasefire began breaking down. Markets shrugged
By Eva RoytburgApril 8, 2026
US President Donald Trump speaks about the conflict in Iran in the James S. Brady Press Briefing Room of the White House on April 6, 2026, in Washington, DC. (
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Markets cheer as Trump says he’s in ‘heated negotiations’ over a new Pakistani two-week ceasefire plan 
By Eva RoytburgApril 7, 2026
Members of security forces watch over the crowd during a funeral procession held for IRGC Navy Chief Alireza Tangsiri, alongside other senior naval commanders and their families who were killed in US-Israeli strikes in late March, on April 1, 2026 in Tehran, Iran.
Politics
Iranians begin forming human chains around power plants ahead of Trump’s deadline, social media videos show
By Eva RoytburgApril 7, 2026
UNITED STATES - APRIL 6: President Donald Trump talks with reporters on the South Lawn during the White House Easter Egg Roll on Monday, April 6, 2026. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
Politics
Trump’s dire warning to Iran: ‘A whole civilization will die tonight, never to be brought back again’
By Eva RoytburgApril 7, 2026
US President Donald Trump gestures as he speaks about the conflict in Iran in the James S. Brady Press Briefing Room of the White House on April 6, 2026, in Washington, DC.
Politics
Trump threatens to ‘take out’ all of Iran in one night. From blackout bombs to ‘discombobulators,’ here’s what that could actually mean
By Eva RoytburgApril 6, 2026
US President Donald Trump blows a whistle as children participate in the annual Easter Egg Roll on the South Lawn of the White House on April 6, 2026, in Washington, DC.
Energy
Wall Street knows something about Trump and Iran: Both sides are running out of time
By Eva RoytburgApril 6, 2026
JPMorgan Chase CEO Jamie Dimon
Economy
Jamie Dimon says the U.S. was right to go to war with Iran: ‘Why the Western world put up with all these proxy wars for 45 years is kind of beyond me’
By Tristan BoveApril 3, 2026
Workers on the production line of solar panels in China
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After renewable power’s record-smashing 2025, the Iran war could accelerate the shift as countries seek ‘structurally more resilient’ energy, UN says
By Tristan BoveApril 2, 2026
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The Iran war is effectively ‘a tax’ on U.S. households that could accelerate the economy’s widening K shape, Moody’s says
By Tristan BoveApril 2, 2026
Anil Agarwal, founder and chairman of Vedanta Group, at the CERAWeek by S&P Global conference in Houston, Texas, US, on Wednesday, March 25, 2026. The event convenes more than 10,000 participants from over 2,350 companies across 89 countries for dialogue on the agenda ahead as the world enters a new era of energy transition. Photographer: Aaron M. Sprecher/Bloomberg via Getty Images
Energy
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By Jordan BlumMarch 31, 2026
Bond yields are falling even as oil tops $102, showing that Wall Street fears recession more than inflation
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By Jason MaMarch 30, 2026
War against Iran to escalate as we approach six-week ‘TACO’ timetable, analysts say
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By Jim EdwardsMarch 30, 2026
hormuz
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Iran’s Hormuz toll booth points toward an L-shaped price plateau, not the V-shaped recovery traders want
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Director of the Federal Bureau of Investigation (FBI) Kash Patel delivers remarks as U.S. President Donald Trump makes an announcement on his Homeland Security Task Force in the State Dinning Room of the White House on October 23, 2025 in Washington, DC.
Cybersecurity
Pro-Iranian hackers claim they breached FBI Director Kash Patel’s personal email as Trump administration offers $10 million reward
By Eric Tucker and The Associated PressMarch 27, 2026
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Middle East
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By Jason MaMarch 27, 2026
hormuz
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Trump’s big accomplishment in Iran is ‘de facto ‘toll booth’ regime’ in the Strait of Hormuz, shipping analyst says
By David McHugh, Jon Gambrell and The Associated PressMarch 27, 2026
Anthropic accidentally leaked details of a new AI model that poses unprecedented cybersecurity risks
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Anthropic accidentally leaked details of a new AI model that poses unprecedented cybersecurity risks
By Jim EdwardsMarch 27, 2026
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Trump’s war in Iran is costing the U.S. economy 10,000 jobs a month, Goldman Sachs says
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By Jake AngeloMarch 26, 2026
iran
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Iran is already charging a toll, in Yuan, for oil sold through Strait of Hormuz as American ground troops prepare to enter
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Trump says he wants the war wrapped up as fuel prices nuzzle up to $9 a gallon in California
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‘We do not plan on any negotiations’: Iran laughs at White House’s claims of cease-fire talks
By Jon Gambrell, Mike Corder, Munir Ahmed, Aamer Madhani and The Associated PressMarch 25, 2026
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The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economyplaceholder alt text
By Emma BurleighAugust 30, 2026
Personal Finance
Current price of oil as of September 1, 2026placeholder alt text
By Joseph HostetlerSeptember 1, 2026
AI
The Pentagon is giving 3 million military and civilian workers access to ChatGPT and Grok through a secure AI platform built for ‘warfighter needs’placeholder alt text
By Marco Quiroz-GutierrezSeptember 1, 2026
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