Crude prices gain after President Trump rejects an Iranian proposal aimed at ending the Middle East conflict and reopening the Strait of Hormuz. In tech, OpenAI pauses training on its most advanced models after yet another agent escapes from an internet-free environment. And in Liverpool, U.K. Chancellor John Healey is preparing to unveil a &quot;new age of industrialisation&quot; later today when he addresses delegates at the Labour Party Conference.<br>See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Crude gains as Trump rejects Iran plan

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[SPEAKER_08] The CNBC app, global market news in one place. Customizable sections and personalized alerts, stocks tracking, interactive charts and market insights all in your hands. Stay connected, stay informed. Download the CNBC app today. Welcome to Squawk Box Europe. I'm Karen Tso with

[SPEAKER_04] Ian King and Ben Boulos will be joining us from the Labour Party conference in Liverpool today. These are your headlines. Crude prices gain after President Trump rejects an Iranian proposal aimed at ending the Middle East conflict and reopening the Strait of Hormuz.

[SPEAKER_11] OpenAI pauses trading on its most advanced models after yet another agent escapes from an internet-free environment with the AI giant saying it will only resume once it fixes a gap in its sandbox. And in Liverpool, UK Chancellor John Healy preparing to unveil a new age of industrialization later today when he addresses delegates at the Labour Party conference.

[SPEAKER_04] Oil prices are higher again this morning after President Trump rejected an Iranian proposal to end the Middle East conflict and reopen the Strait of Hormuz. He's told Axios the US may have agreed to Tehran's conditions a year ago, but that Iran had overplayed its hand, adding that he expects negotiations to resume this week. Well, let's get out to Dan for more. Dan, as we rolled into the back end of last week, it looked as though the Iranians may have been holding up a faint white handkerchief,

[SPEAKER_04] talking about reopening the Strait of Hormuz in a phased manner. But now roll into the weekend, negotiations that Trump potentially wants some sort of nuclear signals that there can be some sort of negotiation on that front. So just tell us how difficult it's going to be to get some progress

Crude gains as Trump rejects Iran plan

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Crude gains as Trump rejects Iran plan

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.