After the horrific shooting in Las Vegas on Sunday night, ISIS scrambled to claim responsibility. They did so despite any real evidence. Then they doubled down.

This week Ian sits down with ISIS expert and The New York Times foreign correspondent Rukmini Callimachi, who may know the group better than any other journalist.

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The Guinea-flagged oil tanker MT Bandra, which is under sanctions, is partially seen alongside another vessel at El Palito terminal, near Puerto Cabello, Venezuela, on December 29, 2025.
REUTERS/Juan Carlos Hernandez

There have been several geopolitical shocks this year, yet none have stopped oil prices from plunging, showing how oil markets have become more risk tolerant.