Oil Expert: We Can’t Predict Iran Anymore

Oil markets remain in a volatile holding pattern as geopolitical tensions between the U.S. and Iran, combined with Saudi pipeline uncertainties, keep prices hovering near $100 per barrel. Matt Smith, Director of Commodity Research at Kepler, highlights that diesel prices are reaching record highs, creating global inflationary pressure and potential supply chain disruptions. Meanwhile, the sports betting industry faces scrutiny following reports that DraftKings uses AI to target vulnerable gamblers, a practice Jonathan Cohen, author of *Losing Big*, describes as a systemic exploitation of a small, high-value customer base. Despite the industry's rapid growth, regulatory pressure is mounting as prediction markets and sportsbooks face potential legal challenges. Finally, the ongoing debate regarding AI extinction risks lacks empirical evidence, often devolving into speculative opinions rather than data-driven analysis, underscoring a need for greater accountability in technological discourse.