U.S. Energy Secretary Chris Wright said the United States has temporarily paused the "Freedom Agenda" action and that reaching an agreement with Iran through negotiations over the Strait of Hormuz is the best outcome, according to Zhitong Finance. The statement points to a preference for diplomacy around one of the world’s most important oil shipping routes, where disruptions can affect global energy markets and broader risk sentiment, including in crypto markets that often react to geopolitical tension.