Iran's Embassy in India rejected US Secretary of State Marco Rubio's accusations, blaming US sanctions for global energy market disruptions and calling Rubio's remarks an attempt to distort regional realities.
Gyeonggi Province's special judicial police have cracked down on apartment residents who created a group chat to artificially inflate prices and disrupt the business of real estate agents. Six residents were sent to prosecutors for violating the Real Estate Brokerage Act.
China and the US have mitigated a massive oil supply disruption caused by Iran's blockade of the Strait of Hormuz, with the US boosting exports and China reducing imports, collectively offsetting about 70% of the 10 million barrels per day (bpd) loss, keeping crude prices below $120 per barrel.
OpenAI CEO Sam Altman says AI is likely to make people busier rather than replace them outright, despite acknowledging significant labor market disruption. In social media posts, Altman stated the company aims to build tools to augment and elevate people, not replace them, adding that predictions of widespread job losses due to AI are likely long-term wrong. The comments come as OpenAI plans to nearly double its workforce to 8,000 from 4,500 by end of 2026, with most new hires in product development, engineering, research and sales.
