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26.06.2026 13:00
Odd Lots: Rory Johnston on Why Oil Didn’t Hit $200 (Podcast) The Strait of Hormuz has (mostly) re-opened! Crude prices are still up since the start of the war with Iran, but popular predictions earlier this year of $200-a-barrel Brent didn’t pan out. Why is that? We last talked to Rory Johnston, the founder of the Commodity Context newsletter, at the start of the conflict. And in that conversation he said that the Strait’s closure would lead to $200 oil if it persisted for any length of time. Today, he returns to tell us what he’s learned about the oil ma

26.06.2026 13:17
Omnicom Chief Defends Interpublic Deal as AI Rattles Ad Industry John Wren, the chief executive officer of ad giant Omnicom Group Inc., said he’s starting to see results after closing the deal for rival Interpublic Group about seven months ago — racking up customer wins and cost savings. He’s still got to convince the market.

26.06.2026 13:18