Good morning. On Fortune’s radar today:
- Oil down, hopes up, Strait reopening .
- Markets: Low drama.
- SK Hynix $1.35 trillion stock offering looms.
- China stopped buying oil—and did the rest of the world a huge favor.
- Breaking: Keir Starmer resigns as U.K. leader .
- America’s most-hated: the list.
- Warsh didn’t say much, statistically.
- Whey too expensive: inside the protein bar inflation crisis .