Iran deal fuels global relief stock rally
A woman walks past a billboard displaying the Iranian national flag at Enghelab Square in Tehran on June 14, 2026.
– | Afp | Getty Images
Hello, I’m Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open newsletter.
US President Donald Trump had plenty of reasons to celebrate this weekend: his 80th birthday, celebrated with a UFC fight on the White House lawn on Sunday, and the peace deal with Iran that triggered a global relief rally in stocks.
But with the deal only scheduled to be formalized on Friday, is it too early to celebrate?
What you need to know today
USA and Iran reached an agreement Peace agreement aimed at bringing an immediate and permanent end to the conflict.
“The deal with the Islamic Republic of Iran is now complete,” Trump said in his message. Sharing on Truth Social.
“I authorize the opening of the Strait of Hormuz free of charge and I also authorize the immediate lifting of the blockade imposed by the US Navy.”
The peace agreement would also enable Iran to reaffirm its commitment not to procure or develop nuclear weapons. The immediate cessation of hostilities in the region, including Israel and Hezbollah’s offensive in Lebanon, is also part of the agreement.
World leaders welcomed the peace agreement.
Inside joint statement Following the deal’s announcement, Britain, France, Germany and Italy praised it as “a moment of opportunity to restore regional stability and stabilize the global economy”, adding that they were ready to lift relevant sanctions in response to “clear, verifiable steps taken by Iran regarding its nuclear programme”.
The agreement is planned to be signed after the G7 meetings to be held this week. President Trump will travel to Evian-les-Bains to join G7 leaders and heads of state from the Middle East and Asia. The peace agreement with Iran is scheduled to be signed in nearby Geneva on Friday.
Markets welcomed this news with joy. US stock futures rise sharply, while across Asia Pacific Nikkei leading a charity rally. Meanwhile, oil prices also fell WTI And Brent It reached the lowest levels since March 10.
There is a cloud on the horizon: President Trump said: New York Post He warned that France faces a new situation Trade war with the USA., is calling on French President Emmanuel Macron to drop his digital tax on American tech companies, otherwise the US will have “no choice” but to impose a 100% tariff on French wines.
CEOs and founders of some of the world’s largest artificial intelligence companies will join G7 leaders at this week’s summit.
The talks will be complicated by a US government directive to Anthropic instructing the AI giant to suspend Fable 5 and Mythos 5 models to comply with export controls.
Anthropic abruptly disabled the models for all its customers to ensure compatibility, but said none of the other models would be affected.
—Leonie Kidd
And finally…
A year after spending more than $14 billion to hire Alexandr Wang and a group of top Scale AI engineers to revamp its AI efforts, Meta is back on the map, at least in the AI space, but it’s still far behind OpenAI, Anthropic, and Google in the market.
Wang’s big hit was the delivery of the Muse Spark AI model in April; This marks Meta’s first foray into proprietary core models and a move away from strict adherence to open source, or open-heavy, more commonly referred to as AI. The Meta Superintelligence Labs group led by Wang was formed to give the company some momentum in the hottest corner of the tech industry.
— Jonthan Vanian, Julia Boorstin
