diff --git a/codex-rs/Cargo.lock b/codex-rs/Cargo.lock
index ee8960d88fec..6d3a71787ec4 100644
--- a/codex-rs/Cargo.lock
+++ b/codex-rs/Cargo.lock
@@ -449,7 +449,7 @@ dependencies = [
  "objc2-foundation",
  "parking_lot",
  "percent-encoding",
- "windows-sys 0.59.0",
+ "windows-sys 0.60.2",
  "wl-clipboard-rs",
  "x11rb",
 ]
@@ -1363,7 +1363,7 @@ checksum = "af491d569909a7e4dee0ad7db7f5341fef5c614d5b8ec8cf765732aba3cff681"
 dependencies = [
  "serde",
  "termcolor",
- "unicode-width 0.1.14",
+ "unicode-width 0.2.1",
 ]
 
 [[package]]
@@ -1473,8 +1473,8 @@ dependencies = [
  "gethostname",
  "hmac",
  "jsonwebtoken",
- "opentelemetry",
- "opentelemetry_sdk",
+ "opentelemetry 0.31.0",
+ "opentelemetry_sdk 0.32.1",
  "owo-colors",
  "pretty_assertions",
  "reqwest",
@@ -1723,8 +1723,8 @@ dependencies = [
  "eventsource-stream",
  "futures",
  "http 1.4.0",
- "opentelemetry",
- "opentelemetry_sdk",
+ "opentelemetry 0.31.0",
+ "opentelemetry_sdk 0.32.1",
  "pretty_assertions",
  "rand 0.9.2",
  "reqwest",
@@ -1966,8 +1966,8 @@ dependencies = [
  "notify",
  "once_cell",
  "openssl-sys",
- "opentelemetry",
- "opentelemetry_sdk",
+ "opentelemetry 0.31.0",
+ "opentelemetry_sdk 0.32.1",
  "predicates",
  "pretty_assertions",
  "rand 0.9.2",
@@ -2070,8 +2070,8 @@ dependencies = [
  "codex-utils-oss",
  "core_test_support",
  "libc",
- "opentelemetry",
- "opentelemetry_sdk",
+ "opentelemetry 0.31.0",
+ "opentelemetry_sdk 0.32.1",
  "owo-colors",
  "predicates",
  "pretty_assertions",
@@ -2510,11 +2510,11 @@ dependencies = [
  "eventsource-stream",
  "gethostname",
  "http 1.4.0",
- "opentelemetry",
+ "opentelemetry 0.31.0",
  "opentelemetry-appender-tracing",
  "opentelemetry-otlp",
  "opentelemetry-semantic-conventions",
- "opentelemetry_sdk",
+ "opentelemetry_sdk 0.32.1",
  "os_info",
  "pretty_assertions",
  "reqwest",
@@ -3379,8 +3379,8 @@ dependencies = [
  "ctor 0.6.3",
  "futures",
  "notify",
- "opentelemetry",
- "opentelemetry_sdk",
+ "opentelemetry 0.31.0",
+ "opentelemetry_sdk 0.32.1",
  "pretty_assertions",
  "regex-lite",
  "reqwest",
@@ -4089,7 +4089,7 @@ dependencies = [
  "libc",
  "option-ext",
  "redox_users 0.5.2",
- "windows-sys 0.59.0",
+ "windows-sys 0.61.2",
 ]
 
 [[package]]
@@ -4334,7 +4334,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "39cab71617ae0d63f51a36d69f866391735b51691dbda63cf6f96d042b63efeb"
 dependencies = [
  "libc",
- "windows-sys 0.59.0",
+ "windows-sys 0.61.2",
 ]
 
 [[package]]
@@ -4895,7 +4895,7 @@ dependencies = [
  "gobject-sys",
  "libc",
  "system-deps",
- "windows-sys 0.59.0",
+ "windows-sys 0.61.2",
 ]
 
 [[package]]
@@ -5339,7 +5339,7 @@ dependencies = [
  "libc",
  "percent-encoding",
  "pin-project-lite",
- "socket2 0.5.10",
+ "socket2 0.6.2",
  "system-configuration",
  "tokio",
  "tower-service",
@@ -5425,7 +5425,7 @@ dependencies = [
  "js-sys",
  "log",
  "wasm-bindgen",
- "windows-core 0.58.0",
+ "windows-core 0.62.2",
 ]
 
 [[package]]
@@ -5845,7 +5845,7 @@ checksum = "3640c1c38b8e4e43584d8df18be5fc6b0aa314ce6ebf51b53313d4306cca8e46"
 dependencies = [
  "hermit-abi",
  "libc",
- "windows-sys 0.59.0",
+ "windows-sys 0.61.2",
 ]
 
 [[package]]
@@ -6691,7 +6691,7 @@ version = "0.50.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "7957b9740744892f114936ab4a57b3f487491bbeafaf8083688b16841a4240e5"
 dependencies = [
- "windows-sys 0.59.0",
+ "windows-sys 0.61.2",
 ]
 
 [[package]]
@@ -7211,13 +7211,27 @@ dependencies = [
  "tracing",
 ]
 
+[[package]]
+name = "opentelemetry"
+version = "0.32.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "b0142c63252a9e054e68a4c61a5778f7b14f576274d593f8ce883d191a099682"
+dependencies = [
+ "futures-core",
+ "futures-sink",
+ "js-sys",
+ "pin-project-lite",
+ "thiserror 2.0.18",
+ "tracing",
+]
+
 [[package]]
 name = "opentelemetry-appender-tracing"
 version = "0.31.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "ef6a1ac5ca3accf562b8c306fa8483c85f4390f768185ab775f242f7fe8fdcc2"
 dependencies = [
- "opentelemetry",
+ "opentelemetry 0.31.0",
  "tracing",
  "tracing-core",
  "tracing-subscriber",
@@ -7232,7 +7246,7 @@ dependencies = [
  "async-trait",
  "bytes",
  "http 1.4.0",
- "opentelemetry",
+ "opentelemetry 0.31.0",
  "reqwest",
 ]
 
@@ -7243,10 +7257,10 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "7a2366db2dca4d2ad033cad11e6ee42844fd727007af5ad04a1730f4cb8163bf"
 dependencies = [
  "http 1.4.0",
- "opentelemetry",
+ "opentelemetry 0.31.0",
  "opentelemetry-http",
  "opentelemetry-proto",
- "opentelemetry_sdk",
+ "opentelemetry_sdk 0.31.0",
  "prost 0.14.3",
  "reqwest",
  "serde_json",
@@ -7264,8 +7278,8 @@ checksum = "a7175df06de5eaee9909d4805a3d07e28bb752c34cab57fa9cff549da596b30f"
 dependencies = [
  "base64 0.22.1",
  "const-hex",
- "opentelemetry",
- "opentelemetry_sdk",
+ "opentelemetry 0.31.0",
+ "opentelemetry_sdk 0.31.0",
  "prost 0.14.3",
  "serde",
  "serde_json",
@@ -7288,10 +7302,26 @@ dependencies = [
  "futures-channel",
  "futures-executor",
  "futures-util",
- "opentelemetry",
+ "opentelemetry 0.31.0",
  "percent-encoding",
  "rand 0.9.2",
  "thiserror 2.0.18",
+]
+
+[[package]]
+name = "opentelemetry_sdk"
+version = "0.32.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "9b59f80e1ac4d5ff7a2db8fb6c80badb7f0f3f858211fba08dd9aaec750894f9"
+dependencies = [
+ "futures-channel",
+ "futures-executor",
+ "futures-util",
+ "opentelemetry 0.32.0",
+ "percent-encoding",
+ "portable-atomic",
+ "rand 0.9.2",
+ "thiserror 2.0.18",
  "tokio",
  "tokio-stream",
 ]
@@ -7335,7 +7365,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "7d8fae84b431384b68627d0f9b3b1245fcf9f46f6c0e3dc902e9dce64edd1967"
 dependencies = [
  "libc",
- "windows-sys 0.48.0",
+ "windows-sys 0.61.2",
 ]
 
 [[package]]
@@ -7994,7 +8024,7 @@ dependencies = [
  "quinn-udp",
  "rustc-hash 2.1.1",
  "rustls",
- "socket2 0.5.10",
+ "socket2 0.6.2",
  "thiserror 2.0.18",
  "tokio",
  "tracing",
@@ -8031,9 +8061,9 @@ dependencies = [
  "cfg_aliases 0.2.1",
  "libc",
  "once_cell",
- "socket2 0.5.10",
+ "socket2 0.6.2",
  "tracing",
- "windows-sys 0.59.0",
+ "windows-sys 0.60.2",
 ]
 
 [[package]]
@@ -8875,7 +8905,7 @@ dependencies = [
  "errno",
  "libc",
  "linux-raw-sys 0.11.0",
- "windows-sys 0.59.0",
+ "windows-sys 0.61.2",
 ]
 
 [[package]]
@@ -10334,7 +10364,7 @@ dependencies = [
  "getrandom 0.3.4",
  "once_cell",
  "rustix 1.1.3",
- "windows-sys 0.59.0",
+ "windows-sys 0.61.2",
 ]
 
 [[package]]
@@ -10984,7 +11014,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "1ac28f2d093c6c477eaa76b23525478f38de514fa9aeb1285738d4b97a9552fc"
 dependencies = [
  "js-sys",
- "opentelemetry",
+ "opentelemetry 0.31.0",
  "smallvec",
  "tracing",
  "tracing-core",
@@ -11815,7 +11845,7 @@ version = "0.1.11"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "c2a7b1c03c876122aa43f3020e6c3c3ee5c05081c9a00739faf7503aeba10d22"
 dependencies = [
- "windows-sys 0.48.0",
+ "windows-sys 0.61.2",
 ]
 
 [[package]]
diff --git a/codex-rs/Cargo.toml b/codex-rs/Cargo.toml
index 32ae50bfb71e..419860e2e1de 100644
--- a/codex-rs/Cargo.toml
+++ b/codex-rs/Cargo.toml
@@ -261,7 +261,7 @@ opentelemetry = "0.31.0"
 opentelemetry-appender-tracing = "0.31.0"
 opentelemetry-otlp = "0.31.0"
 opentelemetry-semantic-conventions = "0.31.0"
-opentelemetry_sdk = "0.31.0"
+opentelemetry_sdk = "0.32.1"
 os_info = "3.12.0"
 owo-colors = "4.3.0"
 path-absolutize = "3.1.1"