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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 5 of 14
Saudi Aramco CEO issues stark warning: Iran war could bring ‘catastrophic’ shock to global oil
EconomySaudi Aramco CEO issues stark warning: Iran war could bring ‘catastrophic’ shock to global oil
By Tristan BoveMarch 10, 2026
Photo: President Donald Trump
EnergyTrump says Iran war is ‘very complete, pretty much’, sparking global stock rally
By Jim EdwardsMarch 10, 2026
Stocks stage massive upside reversal as oil plunges after Trump says Iran war could be over soon
EnergyStocks stage massive upside reversal as oil plunges after Trump says Iran war could be over soon
By Eva RoytburgMarch 9, 2026
trump
CommentarySomething will cause inflation to go up this year, but it’s not oil
By Steve H. Hanke and John GreenwoodMarch 9, 2026
Like Trump, Iran’s new supreme leader is a real estate mogul, with a house on ‘Billionaires’ Row,’ a villa in Dubai, and upscale European hotels
Middle EastLike Trump, Iran’s new supreme leader is a real estate mogul, with a house on ‘Billionaires’ Row,’ a villa in Dubai, and upscale European hotels
By Jason MaMarch 9, 2026
three men speak on conference stage
CryptoDubai’s signature Token2049 crypto event set to go forward even as other conferences hit pause amid growing conflict
By Carlos GarciaMarch 9, 2026
A plume of smoke rises from the port of Jebel Ali following a reported Iranian strike in Dubai on March 1, 2026.
Middle EastIran’s attacks on Amazon data centers in UAE, Bahrain signal a new kind of war as AI plays an increasingly strategic role, analysts say
By Jeremy KahnMarch 9, 2026
Photo of Donald Trump
EnergyTrump promised to fill America’s oil reserves ‘right to the top.’ A year later, oil has exceeded $100 and they’re still less than 60% full
By Tristan BoveMarch 9, 2026
mission accomplished
Middle EastInvestors priced in a 6-week Iraq War, but it lasted 8 years and cost $3 trillion. They’re doing it again
By Nick LichtenbergMarch 9, 2026
Odds of a stock market meltdown with 1970s-style stagflation jump to 35% this year, veteran strategist warns
EconomyOdds of a stock market meltdown with 1970s-style stagflation jump to 35% this year, veteran strategist warns
By Jason MaMarch 9, 2026
Oil over $100, markets in free fall, and Iran’s new supreme leader is Trump’s ‘worst case’ scenario
EnergyOil over $100, markets in free fall, and Iran’s new supreme leader is Trump’s ‘worst case’ scenario
By Jim EdwardsMarch 9, 2026
US President Donald Trump salutes during a dignified transfer at Dover Air Force Base in Dover, Delaware, US, on Saturday, March 7, 2026.
EconomyWhen it comes to the war in Iran don’t go betting on the TACO trade, says top J.P. Morgan investment strategist
By Eleanor PringleMarch 9, 2026
Oil prices soar past $110 while Dow futures sink 1,000 points as Iran war spirals into worst-case fears and U.S. eyes Special Forces mission
EconomyOil prices soar past $110 while Dow futures sink 1,000 points as Iran war spirals into worst-case fears and U.S. eyes Special Forces mission
By Jason MaMarch 8, 2026
Photo of burning gas flares at a refinery
Energy‘Nightmare scenario’ looms as global markets head for the biggest oil output disruption in history, top energy guru warns
By Jason MaMarch 8, 2026
Fortune Archives: Iran’s heartbreakingly brief startup spring
NewslettersFortune Archives: Iran’s heartbreakingly brief startup spring
By Indrani SenMarch 8, 2026
Forget the U.S. Navy. The best protection for ships traveling through the Strait of Hormuz may be claiming to be a ‘Chinese’ or ‘Muslim’ vessel
EnergyForget the U.S. Navy. The best protection for ships traveling through the Strait of Hormuz may be claiming to be a ‘Chinese’ or ‘Muslim’ vessel
By Jason MaMarch 7, 2026
An explosion in Tehran.
EnergyOil and gas shutdowns in Iraq and Kuwait widen the Iran war’s impact on energy prices, while the U.S. lines up insurance and naval escorts in response
By Jordan BlumMarch 7, 2026
Saad Sherida al-Kaabi, Qatar's Energy Minister
EnergyIran conflict could ‘bring down the economies of the world,’ warns one of the Middle East’s biggest energy exporters
By Tristan BoveMarch 6, 2026
iran
CommentaryBypassing Hormuz: how technology, not territory, will win the new energy war
By Siddharth MisraMarch 6, 2026
Photo: US President Donald Trump during an event with Inter Miami CF in the East Room of the White House in Washington, DC, US, on Thursday, March 5, 2026. Inter Miami CF is visiting the White House to celebrate their 2025 championship win.
PoliticsIran is turning out to be a more effective enemy than many thought, and U.S. allies are losing their patience with the war
By Jim EdwardsMarch 6, 2026
The President is surprised by the lack of European support for military action against Iran—he shouldn’t be
EuropeThe President is surprised by the lack of European support for military action against Iran—he shouldn’t be
By Kamal AhmedMarch 6, 2026
hegseth
Middle EastPete Hegseth called it ‘quiet death’—the first time a U.S. sub fired a torpedo and hit an enemy ship since the 1940s
By James Dwyer and The ConversationMarch 6, 2026
An older and younger man embrace at an airport.
Middle East23,000 canceled flights and debris raining on Dubai hotels: The Iran war is jeopardizing the $12 trillion global travel industry
By Sasha RogelbergMarch 6, 2026
Paul Krugman speaking while seated on stage.
Middle EastThe Iran conflict will be the ’straw that breaks the camel’s back’ for the U.S. economy if it goes on much longer, Nobel laureate Paul Krugman warns
By Tristan BoveMarch 6, 2026
Photo: Volunteers stand amid the debris of destroyed buildings at the site of an Israeli airstrike in the southern Lebanese city of Nabatieh on March 5, 2026. Israel launched on March 5 a fresh wave of strikes on Iran, which stepped up its attacks on Gulf nations Qatar and Bahrain, as the Middle East war spread throughout the region and beyond. (Photo by Mouhammad al-ZANATY / AFP)
PoliticsIn the Iran war, it’s not the oil that’s important—it’s the water
By Jim EdwardsMarch 5, 2026
A family sits against the backdrop of a dockyard off coast city of Fujairah, in the Strait of Hormuz in the northern Emirate on February 25, 2026. (Photo by Giuseppe CACACE / AFP via Getty Images)
EnergyTrump pledged the ‘free flow of energy’ from the Middle East, and he has a week to show progress before prices really spike again
By Jordan BlumMarch 5, 2026
President Donald Trump gesturing during his State of the Union address
Middle EastDespite a $200 billion price tag, Trump admits the Iran war could just swap one bad leader for another
By Tristan BoveMarch 4, 2026
mossadegh
CommentaryOne key difference on America and Iran, then and now: the CIA had a plan for what would happen in 1953
By Gregory F. Treverton and The ConversationMarch 4, 2026
Wilbur Ross, former US commerce secretary.
Middle EastThe U.S. has shown China and Russia ‘who really is a military power,’ says Trump’s ex–commerce secretary. Don’t expect them to get involved in Iran
By Eleanor PringleMarch 4, 2026
A view of the liquefied natural gas (LNG) production facility in Qatar's Ras Laffan Industrial City. Photo: Stringer/dpa (Photo by Stringer/picture alliance via Getty Images)
EnergyU.S. oil and gas exporters can’t fill the Middle East supply gap, but Trump’s pledge to insure and protect tankers stems the tide on surging prices
By Jordan BlumMarch 3, 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
Current price of oil as of June 16, 2026placeholder alt text
By Joseph HostetlerJune 16, 2026
Big Tech
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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