A woman walks past a signboard holding the Iranian flag in Tehran’s Enhrab Square on June 14, 2026.
– | AFP | Getty Images
Hello, my name is Leonie Kidd and I’m from London. Welcome to today’s Daily Open Newsletter.
US President Donald Trump had plenty of reasons to celebrate this weekend. He celebrated his 80th birthday on Sunday, a UFC fight was held on the White House lawn, and a peace deal with Iran sparked a global stock market rally.
But with the deal set to be formalized on Friday, is it too early to celebrate?
What you need to know today
The United States and Iran have agreed to a peace deal aimed at an immediate and permanent end to the conflict.
“The deal with the Islamic Republic of Iran is complete,” President Trump said in a post on Truth Social.
“I hereby fully authorize the free opening of the Strait of Hormuz, and at the same time authorize the immediate lifting of the U.S. naval blockade.”
The peace agreement also reaffirms Iran’s commitment not to acquire or develop nuclear weapons. An immediate cessation of hostilities across the region, including attacks between Israel and Hezbollah in Lebanon, is also part of the deal.
World leaders have welcomed the peace agreement.
In a joint statement following the deal’s announcement, Britain, France, Germany and Italy hailed the agreement as “a great opportunity to restore stability in the region and stabilize the global economy”, adding that they were prepared to lift related sanctions in response to “clear and verifiable steps taken by Iran regarding its nuclear program”.
The agreement is expected to be signed after the G7 meeting this week. President Trump will visit Evian-les-Bains and join G7 leaders and heads of state from the Middle East and Asia. A peace deal with Iran is then scheduled to be signed near Geneva on Friday.
The market rejoiced at this news. While US stock futures are soaring, the Asia-Pacific region as a whole is Nikkei Shimbun He is leading a relief rally. On the other hand, crude oil prices have fallen, WTI and brent This was the lowest price since March 10th.
There are clouds on the horizon: President Trump has warned the New York Post that France faces a new trade war with the United States and called on French President Emmanuel Macron to lift digital taxes on American tech companies, or the United States will have “no choice” but to impose 100% tariffs on French wine.
CEOs and founders of the world’s largest AI companies are scheduled to attend this week’s G7 summit.
Negotiations will be complicated by the U.S. government’s directive to Anthropic to suspend its Fable 5 and Mythos 5 models to comply with export regulations.
Anthropic suddenly disabled the model for all customers to ensure compliance, but said all other models were unaffected.
— Leonie Kidd
And finally…
A year after Meta used Alexander Wang to build a new AI model, Zuckerberg had to sell it.
A year after spending more than $14 billion to bring in Alexandr Wang and his group of top Scale AI engineers to revamp its artificial intelligence 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 accomplishment was delivering the Muse Spark AI model in April. This marks Meta’s first foray into a proprietary underlying model, moving away from strict adherence to open source or open weight, as it is commonly referred to in AI. Wang’s group, Meta Superintelligence Labs, was created to energize the company in the hottest areas of the technology industry.
— Johnsan Bunyan, Julia Boorstin
