Oil prices are at their highest since 2022, as a swift end to the Iran conflict proves elusive. Yet, our commodities editor says, markets do not yet yet recognise how deep the supply shock is. Who will contest next year’s pivotal election in France? And great expectations in Brazil ahead of the World Cup.Watch “The Insider”: How high will the oil price go Guests and host:Matthieu Favas, commodities editorSophie Pedder, Paris bureau chiefJon Fasman, senior culture correspondentRosie Blau, host of “The Intelligence”Topics covered: Oil, Brent crude, OPEC, Iran, UAEFrance, Macron, Marine Le Pen, National RallyWorld Cup, Brazil, Pele Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.

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“What did the council decide on item 42?” — answered with the speaker and the moment.