US and Iran reach deal to end conflict, oil prices to fall

An agreement between the United States and Iran to end their conflict is reportedly nearing completion, according to Pakistani Prime Minister Shehbaz Sharif, who mediated the talks. Former President Donald Trump confirmed the development, stating that the accord will cease hostilities, fully reopen the Strait of Hormuz, and lift Iran's maritime blockade. A memorandum is slated for signing on June 19 in Switzerland.

The Iranian side has also confirmed the agreement. If the process concludes as planned, the global economy could see significant relief. The reopening of the Strait of Hormuz is anticipated to increase the supply of crude oil, leading to a drop in energy prices and a boost in global financial market sentiment.

In other news, cybersecurity remains a weak point for Polish companies, with only 15% avoiding cyber incidents in the past year, according to a report by ESET and Dagma. The report highlights that only 14% of employees feel competent in cybersecurity, and half are unaware of basic digital protection principles. Experts emphasize the need for employee training, risk management strategies, and fostering a cybersecurity culture, especially with AI creating new threats like phishing and data leaks.

The Trump administration has also ordered Anthropic to block access to its new AI models, Fable and Mythos, citing national security concerns. This decision has sparked controversy, with Anthropic stressing that the models underwent rigorous testing. Critics warn that such actions could hinder American AI competitiveness against China.

Meanwhile, China is accelerating its transition to electric heavy-duty trucks, aiming for 40% of new truck sales to be electric by 2030. The plan includes building thousands of charging stations and offering financial support to companies investing in electric vehicles, furthering energy transformation and reducing reliance on imported fossil fuels.