Daily Digest — 15 Jun 2026

A breakthrough US-Iran peace agreement sent shockwaves through global markets today, with the deal promising to end months of conflict and reopen the vital Strait of Hormuz shipping lane. Oil prices collapsed 5.1% to \(80.59 as the geopolitical risk premium evaporated, while risk assets surged across the board. [Bitcoin climbed above \)65,500](https://www.coindesk.com/markets/2026/06/15/bitcoin-hits-a-two-week-high-above-usd65-500-as-the-us-iran-deal-sends-oil-sliding) for a two-week high, with XRP also gaining 4% above $1.18 on institutional flows.

The agreement, which world leaders welcomed with signals of sanctions relief, came as a particular relief to economies dependent on Gulf shipping routes. Japan’s Nikkei surged 5% overnight, while precious metals also rallied with gold up 2.6% to $4,349 and silver gaining 3.8%. The deal follows more than three months of stop-start negotiations that had roiled energy and commodities markets since late February.

Meanwhile in the UK, Prime Minister Starmer is set to announce sweeping social media restrictions banning under-16s from major platforms, going beyond Australia’s recent measures to include gaming apps. The move comes amid broader concerns about digital exploitation, highlighted by a BBC investigation revealing how OnlyFans “agents” control creators while taking half their earnings.

As the 2026 World Cup kicks off, Sweden dominated Tunisia 5-1 in Monterrey, while Uruguay’s squad finally arrived in the US just 24 hours before their opener against Saudi Arabia, after flight delays threatened their preparation.