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Drill pickle: oil prices still misjudge shock

The Economist· Apr 30, 2026· 19m 53s

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 editor Sophie Pedder, Paris bureau chief Jon Fasman, senior culture correspondent Rosie

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Drill pickle: oil prices still misjudge shock

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  1. Welcome to the program. I'm your host.

    Welcome to the program. I'm your host.

    0:00
  2. Today we look at the major stories shaping the news cycle.

    Today we look at the major stories shaping the news cycle.

    0:04
  3. We start in Europe, where leaders met in Brussels.

    We start in Europe, where leaders met in Brussels.

    0:09
  4. The summit focused on energy policy and migration.

    The summit focused on energy policy and migration.

    0:14
  5. Reporting from the ground, our correspondent has more.

    Reporting from the ground, our correspondent has more.

    0:19
  6. Thank you. The mood here was tense but constructive.

    Thank you. The mood here was tense but constructive.

    0:24