CNBC Daily Open: Peace talks amid pipeline shocks

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NEW DELHI, INDIA - SEPTEMBER 12: (----EDITORIAL USE ONLY - MANDATORY CREDIT - 'IRANIAN PRESIDENCY / HANDOUT' - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS----) Iranian President Masoud Pezeshkian meets with Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan of the United Arab Emirates (UAE) on the sidelines of the 18th BRICS Summit at the Bharat Mandapam, in New Delhi on September 12, 2026. (Photo by Iranian Presidency / Handout/Anadolu via Getty Images)Anadolu | Anadolu | Getty ImagesHello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.Statements from the BRICS summit over the weekend had a common thread: Nations want peace in the Middle East. But developments in the region could hardly be further from peaceful. The East-West pipeline in Saudi Arabia was closed after drones launched from Iraq damaged it, disrupting a crucial relief pathway for crude exports. Meanwhile in tech, OpenAI has ruled out an IPO this year as concerns grow about the safety of increasingly powerful AI systems.What you need to know todayThe BRICS summit over the weekend saw many nations come together to express...

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