Axios

U.S. and Iranian negotiators are in Doha for talks focusing primarily on the Strait of Hormuz, with the Trump administration making the case that Iran stands to gain much more from a nuclear deal than it could generate from tolls in the strait.

Why it matters: The parties gave themselves 60 days to reach a comprehensive nuclear deal, but two weeks into that window they're still arguing over the terms of the memorandum of understanding they already signed. Currently, the collapse of that initial deal looks more likely than agreement on a final one.

It's not just an American thing. Central bankers from other top Western democracies also believe that they should communicate less about where policy is going.

Why it matters: There was striking alignment of views among the heads of the European Central Bank, Bank of England, Bank of Canada and the U.S. Federal Reserve on display in Portugal.

• It suggests that Kevin Warsh's ascent to Fed chairmanship is helping trigger a global turning of the page on some of the monetary policy assumptions of the last couple of decades.

A new UN-backed commission will bring top tech executives and heads of state to the same table to forge global solutions for AI, per an announcement shared exclusively with Axios.

Why it matters: As global AI regulation grows more splintered, this initiative is an attempt to connect the executives building advanced AI with a group of global politicians.