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The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament

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Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium

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'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America

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The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament

2

Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium

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'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America
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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.
The ‘facade’ of the U.S.-Iran ceasefire crumbles after after largest round of fighting in months — ‘an undeclared naval war can escalate’
The ‘facade’ of the U.S.-Iran ceasefire crumbles after after largest round of fighting in months — ‘an undeclared naval war can escalate’

“I have a feeling that this could go poop very fast, and that’s the fear once you unleash the dogs of war.”

By Jason MaJuly 12, 2026
The U.S. and Iran can’t agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament
The U.S. and Iran can’t agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament
By Jason MaJuly 11, 2026
Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
By Jason MaJuly 10, 2026
OPEC+ to pump more oil as market fears shift from shortage to glut 
OPEC+ to pump more oil as market fears shift from shortage to glut 
By Melissa HancockJuly 7, 2026
From missiles to malware: Why the Gulf is stepping up its operational resilience 
From missiles to malware: Why the Gulf is stepping up its operational resilience 
By Melissa HancockJuly 7, 2026
Mark Zandi, Moody's chief economist.
‘It’s fair to ask whether it was worth it’: The Iran war has cost Americans $1,000 per household—and that’s a conservative estimate, Mark Zandi says
By Tristan BoveJuly 1, 2026
Latest stories from Fortune
Graham death sets up succession drama in South Carolina
Politics
Graham death sets up succession drama in South Carolina
By Erik Wasson and BloombergJuly 12, 2026
World Cup bets on prediction markets may get tax edge over gambling
Law
World Cup bets on prediction markets may get tax edge over gambling
By Caitlin Reilly and BloombergJuly 12, 2026
Hormuz route open despite Iran declaration, maritime group says
Energy
Hormuz route open despite Iran declaration, maritime group says
By Sara Gharaibeh and The Associated PressJuly 12, 2026
Trinidad and Tobago signs deals with U.S. companies for data centers, despite history of chronic water shortages and intermittent supply
AI
Trinidad and Tobago signs deals with U.S. companies for data centers, despite history of chronic water shortages and intermittent supply
By Anselm Gibbs and The Associated PressJuly 12, 2026
Volkswagen’s CEO suggests ‘more intelligent solutions than closing plants’ amid turnaround effort and touts cost cuts
C-Suite
Volkswagen’s CEO suggests ‘more intelligent solutions than closing plants’ amid turnaround effort and touts cost cuts
By The Associated PressJuly 12, 2026
Silicon Valley VC giant Vinod Khosla and family to buy Seattle Seahawks for $9.6 billion and must relinquish stake in the San Francisco 49ers
North America
Silicon Valley VC giant Vinod Khosla and family to buy Seattle Seahawks for $9.6 billion and must relinquish stake in the San Francisco 49ers
By Steve Reed, Andrew Destin and The Associated PressJuly 12, 2026
U.S. military hits 140 Iranian targets in latest round of strikes while Tehran attacks Persian Gulf neighbors
Energy
U.S. military hits 140 Iranian targets in latest round of strikes while Tehran attacks Persian Gulf neighbors
By Jon Gambrell, Will Weissert and The Associated PressJuly 12, 2026
Sen. Lindsey Graham, a foreign policy hawk who became a close Trump ally, dies suddenly at 71
Politics
Sen. Lindsey Graham, a foreign policy hawk who became a close Trump ally, dies suddenly at 71
By Seung Min Kim and The Associated PressJuly 12, 2026
More Middle EastPage 6 of 19
bessent
Politics
Bessent talks oil, accuses media of ‘trying to make it into some crisis that it’s not’
By The Associated PressMarch 16, 2026
iran
Politics
Iran minister mocks Trump for ‘begging’ for help on reopening Hormuz, claims attacks came from UAE
By Jon Gambrell, Sam Mednick, Konstantin Toropin, Samy Magdy and The Associated PressMarch 16, 2026
gutman, shah
Banking
Goldman’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
Energy
With 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’
Energy
Despite 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
Commentary
The 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 East
The 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 East
So, 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 East
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
By Jason MaMarch 14, 2026
iran
Politics
Iran stretches war into third week with missile strike on U.S. embassy compound in Baghdad
By Jon Gambrell, Sam Mednick, Konstantin Toropin, Mike Corder and The Associated PressMarch 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.
Energy
Skyrocketing energy prices and inflation woes mount as the ‘absurd’ reality in Iran sinks in
By Jordan BlumMarch 14, 2026
photo of stage at conference
Crypto
Flagship Dubai crypto conference Token2049, in sudden reversal, cancels due to Iran war
By Carlos GarciaMarch 13, 2026
President Donald Trump
Energy
The 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
Energy
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
By Jason MaMarch 13, 2026
Photo: President Trump
Economy
Wall 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 East
Iran’s simplest weapon is now holding the global economy hostage
By Eva RoytburgMarch 13, 2026
grocery store
Energy
Oil 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.
Energy
Exxon, 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
iran
Politics
Iran’s new Supreme Leader warns of ‘opening other fronts’ in first statement from hiding
By Jon Gambrell, David Rising, Mike Corder, Natalie Melzer and The Associated PressMarch 12, 2026
trader
Energy
Oil hits $100 a barrel and stocks sink as Iran War drags on with no end in sight
By Stan Choe and The Associated PressMarch 12, 2026
A man stands amidst a field of corn.
Economy
Fertilizer 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
Economy
The 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
Economy
The 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
Energy
Trump 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.
Economy
Stagflation 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)
Energy
Oil went over $100 again after the U.S. admitted it cannot control the Strait of Hormuz
By Jim EdwardsMarch 12, 2026
fleet
Commentary
The shadow fleet and illegal oil are still moving through the Strait of Hormuz
By Charles Edward GehrkeMarch 11, 2026
picture of Bitcoin.
Crypto
Bitcoin outperforms gold and stocks since beginning of Iran war
By Carlos GarciaMarch 11, 2026
gas prices
Energy
Top economist says Iran war could trigger an economic ‘butterfly effect’—and keep inflation elevated for years
By Jake AngeloMarch 11, 2026
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Middle East
The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testamentplaceholder alt text
By Jason MaJuly 11, 2026
Environment
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacteriumplaceholder alt text
By Sasha RogelbergJuly 10, 2026
Banking
'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from Americaplaceholder alt text
By Nick LichtenbergJuly 11, 2026
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