What the April 14 and April 20 events establish together is a structural problem regulators did not design for: an AI system that synthesizes public diplomatic signals faster than human traders can act on the same information produces outcomes that are indistinguishable, at the market level, from trading on privileged access. The investigation into oil and defense stock patterns ahead of Trump's Iran announcements does not allege that any system had non-public data — it opens the question of whether speed and synthesis, at sufficient scale, constitute an unfair advantage…