Israel and Iran agree to stop fighting.
We'll get the latest.
Plus, NATO allies gather to set a major increase in defense spending in stone.
Some countries, such as Spain, Belgium, Italy, have had trouble hitting just 2%.
So whether they'll be able to hit 5% is an open question.
But at least people are committing to try to hit that.
And we'll look at why it might be time to check your credit card statement for what could be an unexpectedly large annual fee.
It's Tuesday, June 24th.
I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News,
the top headlines and business stories moving your world today.
Israel and Iran say they have agreed to a ceasefire to end a week and a half of fighting.
President Trump announced the deal on social media yesterday evening.
We report that Qatar helped to secure Iran's agreement just hours after Tehran had attacked a U.S. base in the country,
while an official statement from Israel confirmed its acceptance of the ceasefire,
noting that it had achieved its war aims.
But is the deal holding?
Shandy Race is the journal's deputy Middle East bureau chief.
Shandy, what is the latest?
We've got reports of this deal being agreed to by both sides,
and yet also reports of Iranian missiles landing in Israel hours after that.