P.M. Edition for June 25. Talks between Shell and rival BP are in their early stages, according to people familiar with the matter, but a tie-up would be the largest oil deal in a generation. WSJ reporter Ben Dummett discusses what each company would get out of a deal. Plus, Wall Street is panicking after Democratic Socialist Zohran Mamdani won the Democratic primary for New York City mayor. We hear from reporter Kevin Dugan about what Wall Street is worried about. And the war between Israel and Iran has revived China’s interest in a pipeline that would import Russian natural gas. WSJ foreign correspondent Georgi Kantchev weighs in on the geopolitical impact of such a move. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
No persons identified in this episode.
This episode hasn't been transcribed yet
Help us prioritize this episode for transcription by upvoting it.
Popular episodes get transcribed faster
Other episodes from WSJ What’s News
Transcribed and ready to explore now
The Trump Administration Is Quietly Watering Down Some Tariffs
17 Oct 2025
WSJ What’s News
What’s News in Markets: Tesla Turmoil, Steelmaker Rallies, Dollar General Gains
07 Jun 2025
WSJ What’s News
Trump Bars U.S. Travel for Citizens of 12 Countries
05 Jun 2025
WSJ What’s News
Why Americans Are Turning to Discount Stores
04 Jun 2025
WSJ What’s News
U.S. Doubles Steel, Aluminum Tariffs to 50%
04 Jun 2025
WSJ What’s News
Why Wall Street Is Raising the Alarm Over U.S. Debt
03 Jun 2025
WSJ What’s News