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Global markets rise after the US and Iran agree to an interim peace deal to be signed later this week.
Plus, anthropic races to resolve new AI export restrictions imposed by the Trump administration.
And the UK unveils a social media ban for kids under 16. I am not prepared
to compromise on the safety and happiness of our children.
And that is why this ban must happen.
And that is why this ban will happen.
It's Monday, June 15th.
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.
The U.S. And Iran say they have reached an interim deal to open the Strait of Hormuz and extend a fragile ceasefire.
President Trump and Pakistani mediators say the deal will officially be signed
on Friday when the Strait of Hormuz is also expected to reopen, restoring global oil flows.
However, internal Middle East correspondent Benoit Foucault says more needs to be ironed out this week.
As far as we know, the memorandum of understanding mostly agrees on really low-level demands, for instance,