Plus, Iran and the US agree to halt war.

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Daily Briefing

Daily Briefing

By Claire Beers

Hello. A historic monastery is on fire as Ukraine faces major Russian attacks, Iran and the US agree to halt war and reopen the Strait of Hormuz and Iran's football team arrives in the US for their World Cup opener.

Plus, preschools for puppies in China.

Today's Top News

 

Firefighters work to extinguish a fire at the Dormition Cathedral of the Kyiv Pechersk Lavra, which was hit during Russian missile and drone strikes. REUTERS/Valentyn Ogirenko

War in Iran

  • US and Iranian officials said they had reached an agreement to end their war and reopen the Strait of Hormuz. The preliminary pact sent oil prices falling, but leaves the fate of Tehran's nuclear program to further negotiations. The Reuters World News podcast has more details. 
  • Authorities in southern Lebanon warned people displaced by three months of war between Israel and Hezbollah against rushing home despite ‌the US-Iran deal, as Israel said it would not withdraw troops from the south.

In other news

  • Four people were killed while the Kyiv Pechersk Lavra monastery, a symbol of Ukrainian spiritual and cultural history, ‌caught fire, in the heaviest Russian air attack on the Ukrainian capital in two weeks.
  • British Prime Minister Keir Starmer said he would ban social media for under-16s and impose restrictions on gaming and live-streaming platforms, in a fightback against big tech that goes further than any other country has.
  • The stepson of Norway's Crown Prince Haakon was found guilty of rape and domestic violence and sentenced to ‌four years in prison after a seven-week trial that has further dented the royal family's once picture-perfect image.
  • Geneva police fired teargas at protesters who set fire to a Tesla vehicle and smashed windows at a United Nations agency as they vented their anger at ‌a Group of Seven summit taking place today across the border in France.
  • President Donald Trump hosted mixed martial arts fights on the White House lawn in an unprecedented spectacle, highlighting his willingness to blend the pageantry of his office with his brutal brand of politics and his family’s business interests.
 

Business & Markets

 

SpaceX leadership members and guests celebrate on a balcony at the Nasdaq MarketSite on the day of SpaceX's initial public offering. REUTERS/Brendan McDermid

  • SpaceX's IPO went off with a bang. Now investors are turning their attention to a jam-packed calendar ahead for Elon Musk's rocket, internet and AI firm that may bring volatility.
  • Tankers, insurance, disrupted routes — the Gulf’s oil system won’t reset overnight. The Reuters Morning Bid podcast looks at what traders are watching next. 
  • In its efforts to secure European approval of its “Full Self-Driving” system, Tesla presented self-published safety statistics to regulators that independent traffic-safety researchers have said amount to misleading marketing.
  • Starbucks ‌Korea will shut all stores in the country at 3 p.m. on June 22 for staff training on historical awareness and social sensitivity following public backlash over a marketing campaign.
  • The Trump administration's push to boost critical minerals production by regulating prices is facing skeptical G7 allies and a divided mining industry, with negotiations for a Western trading bloc stumbling.
  • Chinese technology company ByteDance is in talks with Shanghai-based Iluvatar ‌CoreX to purchase AI chips for inference work and is also considering a similar deal with Baidu.
 

Iran team arrive in US for World Cup opener as the two nations reach peace deal

 

Police cars are parked in front of anti-Iranian regime protestors outside Carson Sports Park, in California. Reuters/Kirby Lee

Iran's soccer team arrived in the United States for the first time at this World Cup, landing at Los Angeles International Airport on the same day that ‌a peace deal between the two nations was announced.

The Iran squad arrived after a short flight from Tijuana, Mexico, where they left their base camp earlier to a rousing sendoff ahead of their opening game against New Zealand at Los Angeles Stadium on June 15.

Our global sports editors take us behind the scenes breaking down the politics, culture and the business of sports as the global game finds a foothold in the USA. Listen now. 

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