Hopes of progress toward a US-Iran arrangement over the Strait of Hormuz kept energy markets on edge, while gold hovered near a two-month high ahead of key US inflation data. Bitcoin remained under pressure as investors favored traditional safe-haven assets, and OpenAI saw another senior leadership departure as the company prepares for its planned initial public offering. Pakistan says US-Iran deal may be close despite unresolved differences Pakistan's Defense Minister Khawaja Asif said the United States and Iran were "close to some sort of arrangement" over the Strait of Hormuz, offering fresh optimism that months of conflict could move toward a resolution. Speaking in Islamabad, Asif said developments were "shaping up in favor of peace," though he did not provide...
Evening digest: Pakistan says US-Iran deal close, OpenAI executive leaves