US and Iran agree to peace deal’s text, negotiators say June 13, 2026 The US and Iran have agreed to the wording in a peace deal for the war to end and the Strait of Hormuz to re-open, according to negotiators. Pakistani prime minister Shebaz Sharif, who has hosted peace negotiations, said there was a “final, agreed-upon text@. He also added in a post on X that “peace [...]
Trump ban on AI access to foreign users forces Anthropic to suspend models June 13, 2026 President Trump has banned non-American nationals from accessing Anthropic’s newest AI model, forcing the company to suspend the model for all users. Anthropic, which is the maker of Claude, said the US government cited national security for its banning order before it pulled Fable 5 and Mythos 5 from use. The decision has raised concern [...]
World Cup: Third of fan visas from non-European countries are being rejected June 11, 2026 A third of World Cup fan visas from non-European countries are being rejected with Iran and Senegal hit the hardest, research has found. The United States, which is hosting 78 of the World Cup’s 104 matches, has refused 74 per cent of visas from Senegalese applicants and 61 per cent of Iranian submissions. These are [...]
As it happened: US jobs smash forecasts; Stocks in green amid cloudy US-Iran peace talks June 5, 2026 Welcome back to the City AM liveblog. Speculation around a peace deal between the US and Iran is continuing to leave markets struggling for direction as hopes of an official agreement face roadblocks. A current draft of a memorandum of understanding between Iran and the US has ambiguities that have to be clarified, an adviser [...]
As it happened: Stocks mixed as Trump warns takes ‘two to tango’ on Iran peace June 4, 2026 Good morning and welcome back to the City AM liveblog. Donald Trump has hinted a peace deal in the Middle East could come as soon as “over the weekend” in the latest back-and-forth of negotiations between the US and Iran. The President yesterday doubled down once more on his claim that Iran is set to [...]
UK in line for fresh US tariff hit as Trump proposes ‘forced labour’ levy June 3, 2026 Donald Trump has proposed a fresh round of tariffs that would hit numerous nations including the UK as the President seeks to rebuild his sweeping wall of levies that were struck down by the Supreme Court. The US is exploring a tariff of at least ten per cent on imports from up to 60 trading [...]
As it happened: Stocks jitter on stalling US-Iran talks; OECD unemployment warning June 3, 2026 Welcome back to the City AM liveblog. Markets are being pulled in countless directions from the conflicting information emerging around the conflict in the Middle East. The FTSE 100 managed to shrug off some of these jitters yesterday and secure a finish 0.3 per cent higher as the price of oil slipped. But this morning [...]
Iran ‘pulls out of talks with US’ and threatens to strike Israel June 1, 2026 Iran has withdrawn from peace talks with the United States and threatened to launch an attack on Israel after the Netanyahu administration announced plans for an air strike on neighbouring Lebanon. According to a state-affiliated news agency, Tehran has vowed to hit back at northern Israel if Lebanon is hit by Israeli strikes and end [...]
Natwest and Barclays sweeten mortgage costs as Iran peace hopes ease interest rate fears May 29, 2026 Natwest and Barclays have become the latest lenders to sweeten up their mortgage deals, as hopes remain high that a peace deal will be reached in the Middle East that would bring calm to the interest rate environment. Both lenders have unveiled reductions in mortgage rates, with Barclays cutting its rates across the board by [...]
As it happened: Stocks rise on Iran peace hopes; Asda and Ocado deal May 29, 2026 Good morning and welcome back to the City AM liveblog. After investors kicked into sell-off mode on Thursday amidst spiking tensions as the US and Iran exchanged strikes, attention is quickly turning back to hopes of a peace deal this morning. US and Iranian negotiators are reported to have reached an agreement on a 60-day [...]