Iran Deal ‘6 Months Away’, Starmer Faces Crisis, Netflix Fails To Thrill

Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) Some Gulf Arab and European leaders believe that a US-Iran peace deal will take about six months to be agreed and that the warring sides should extend their ceasefire to cover that timeframe, according to officials from the regions familiar with the matter.

(2) The UK and France will host a summit to discuss setting up a naval force that would ensure freedom of navigation in the Strait of Hormuz, as Europe seeks to rebut US claims that it’s not doing enough to secure the waterway.

(3) Netflix gave a forecast for the second quarter that fell short of analysts’ expectations, sending the shares tumbling in extended trading.

(4) War and an historic energy shock are tough financial stability risks, yet Anthropic's unreleased AI model Mythos added a layer of dread to conversations among policymakers in Washington.

(5) The Chinese government is pressuring Spain to help thwart European Union proposals aimed at making the bloc’s companies more competitive, according to a person familiar with the matter.

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