First an Energy Crisis. Now El Niño?
A.M. Edition for June 24. Progressive candidates allied with Zohran Mamdani swept through New York’s primaries, toppling more mainstream Democrats in deep-blue congressional districts. Plus, President Trump threatens big oil with a DOJ probe into why gasoline prices aren’t lower yet. WSJ markets editor Alex Frangos, explains the lag and gives us an update on movements through the Strait of Hormuz. And as the energy crisis stemming from the war on Iran eases, HSBC’s Frederic Neumann says a new one is brewing in Asia, as the onset of El Niño threatens the global economy. Luke Vargas hosts…
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