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There’s a deal on the table to reopen the Strait of Hormuz, but Trump isn’t part of it—yet

August 26, 2026
in News
There’s a deal on the table to reopen the Strait of Hormuz, but Trump isn’t part of it—yet

Good morning. On Fortune’s radar today:

  • Bill Gates says the world is unprepared for AI’s risks: “There is no plan.”
  • There is a deal to reopen the Strait of Hormuz, but Trump is silent so far.
  • Markets: Nvidia, Nvidia, Nvidia.
  • No, the U.S. can’t grow its way out of the national debt, experts say.
  • Increased productivity from AI is refusing to show up.
  • The insane price of decorating a college dorm room.

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The post There’s a deal on the table to reopen the Strait of Hormuz, but Trump isn’t part of it—yet appeared first on Fortune.

Kennedy Family Member Schools Trump on His Tacky Arch
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Kennedy Family Member Schools Trump on His Tacky Arch

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The grandnephew of the late President John F. Kennedy has slammed President Donald Trump’s scheme to build a mega-arch, saying, ...

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