Our Monday morning stroll around the world

🇲🇽 Mexico is getting its first female president. Tens of millions of Mexican voters cast ballots yesterday for 20,000+ local, state, and congressional posts, as well as the presidency. Both leading presidential candidates were women: Claudia Sheinbaum, a former mayor of Mexico City and member of the ruling Morena party, and former Senator Xochitl Gálvez, who’s representing a coalition of opposition parties. As of late last night, preliminary results and exit polls showed Sheinbaum leading the race with an estimated 55%-63% of the vote.

🛢️ Gas prices this summer will likely stay elevated. Members of OPEC+, a collective of oil-producing countries led by Saudi Arabia, are currently cutting output by 5.86 million barrels/day (or ~5.7% of global demand). The group agreed yesterday to extend those cuts in full through September, then reduce the cuts to 3.7 million barrels/day until the end of 2025.

🇫🇷 France hosted a mass parachute jump to commemorate D-Day’s 80th anniversary. Six dozen parachutists jumped from World War II-era planes over Normandy yesterday to commemorate D-Day (June 6, 1944), when the US and other Allied nations began the largest seaborne invasion in human history. The jump kicked off a week of ceremonies, with dozens of D-Day veterans and 25 heads of state and government expected to attend.