First an Energy Crisis. Now El Niño?

先是能源危机,如今又面临厄尔尼诺现象?

WSJ What’s News

2026-06-24

15 分钟
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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. Listen to all episodes in our series on ideas for fixing the housing crisis. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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  • Zoran Mamdani leaves his mark on New York's congressional delegation, boosting his standing as a Democratic kingmaker,

  • plus President Trump threatens big oil with a DOJ probe over prices at the pump.

  • And we'll look at how El Nino could be the global economy's next big test.

  • We already had expected rising food prices.

  • Now that we have an extra layer of very volatile weather, high temperatures,

  • drought, that's going to just exacerbate the stress on farmers, on the agricultural sector.

  • It's Wednesday, June 24th.

  • I'm Luke Farkas for the Wall Street Journal.

  • And here is the AM edition of What's News, headlines and business stories moving your world today.

  • Begin in New York, where three congressional candidates backed by New York City Mayor Zoran Mamdani

  • have prevailed in primary races over more mainstream Democratic opponents.

  • In a sign of the powerful, anti-incumbent wave playing out this year, 32-year-old community organizer

  • and Democratic Socialist Daria Lisa Avila-Chevalier defeated Representative Adriano Espiot,

  • the chairman of the Hispanic Congressional Caucus.