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Crude Oil rallies into 14-week highs as US and Iran spend the week attacking tankers

West Texas Intermediate (WTI) settled just above $94.00, up better than 2% and at its best level since May 22. Iran’s Revolutionary Guards said on Wednesday they had fired on two American vessels and eight tankers near the Strait of Hormuz, a day after United States forces destroyed five Iranian tankers in the Gulf of Oman and off Kharg Island. The market is paying up for a commodity nobody has stopped making.Eighteen ships in five…

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A senior Anthropic safety researcher said on Tuesday that artificial intelligence (AI) has a greater than 10% chance to “kill all humans” within “the next decade,” responding to a former employee who resigned after accusing the company of acting irresponsibly.  Former Anthropic and OpenAI researcher Jacob Coxon wrote in a…

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