Morning Briefing Americas

Oil Slides as US, Iran Agree Two-Week Ceasefire

Here’s what you need to know to start your day
Pro-government demonstrators celebrate the ceasefire announcement in central Tehran.Photographer: Vahid Salemi/AP Photo

Good morning. Markets exhale after the US and Iran agree to a ceasefire, but core issues remain unresolved. And we look at Elon Musk’s push toward a SpaceX IPO as he races AI rivals to market. Listen to the day’s top stories.

— Hellmuth Tromm