Wednesday's News Links

[CNBC] Stock futures fall as traders monitor latest developments in U.S.-Iran war: Live updates

[CNBC] South Korea’s Kospi plunges 12% putting it on track for its worst day in decades as Iran conflict rages

[Reuters] Seoul slump leads Asia stock rout as markets brace for energy shock

[Yahoo/Bloomberg] Oil Jumps Again as US Escort Plan for Hormuz Fails to Bring Calm

[Reuters] Hormuz shutdown could force Iraq, Kuwait to curb oil output within days, JP Morgan says

[Axios] Exclusive: The Trump-Netanyahu call that changed the Middle East

[Yahoo/Bloomberg] China factory activity contracts for second month in February

[Reuters] Trump's Asian allies fear Iran war will sap defences against China

[Politico] US strikes on Iran ‘outside international law,’ says Macron

[Bloomberg] Global Funds Unwind Hottest AI Trades as Oil Supply Fears Mount

[Bloomberg] Japan No. 2 Lender SMFC’s Shares Tumble After Reported MFS Exposure

[WSJ] Iran Escalates Attacks on Gulf Nations as Conflict Widens

[WSJ] Israel Is Blowing Up Iran’s Police State to Clear the Way for a Revolt

[WSJ] Australia’s Growth Accelerates, Bolstering Case for RBA to Raise Rates

[WSJ] Powell Won, but the Fed Might Still Lose

[FT] Investors ditch private credit funds on rising worries over bad loans

[FT] Gold and silver flows disrupted as Iran war grounds flights

[FT] US shale bosses warn they cannot replace war-hit Middle East oil

[FT] Strait of Hormuz disruption threatens Middle East food imports

[FT] Is this Hizbollah’s last stand?

Tuesday Evening Links

[CNBC] Stock futures are flat as traders monitor latest developments in U.S.-Iran war: Live updates

[AP] Dow drops 400 after trimming an early plunge of 1,200 as oil prices climb even higher

[Reuters] Bond markets dominated by inflation fear, prompting rate-cut bets to fall

[AP] Anxious travelers scramble as Iran war strands tens of thousands across the Middle East 

[AP] What to know about the Strait of Hormuz, a key passageway essential for global energy supply

[AP] The price of a gallon of gas spiked overnight in the U.S., and drivers overseas are filling up tanks

[Axios] Trump offers U.S. insurance, military escorts to energy tankers in Mideast

[Yahoo/Bloomberg] Trump Says US Will Escort, Insure Oil Tankers Amid Iran War

[Yahoo/Bloomberg] Trump Worries Iran’s Leaders May Be Just ‘as Bad’ After War

[Yahoo/Reuters] US banks on high alert for cyberattacks as Iran war escalates

[Yahoo/Bloomberg] Trump Says He’ll Cut Off Trade With Spain Over Air Base Use

[Reuters] Exclusive: US turns up heat on Venezuela with threat to indict new leader Delcy Rodriguez

[NYT] Iran’s Strategy: Expand the War, Increase the Cost, Outlast Trump

[NYT] Trapped Between U.S. and Iran, Gulf Countries Face Nightmare Scenario

[NYT] U.S. and Allies Encounter Iran’s Arsenal of Drones

[WSJ] Kashkari Says Fed Can Sit Tight as War Clouds the Outlook

Tuesday Afternoon Links

[AP] Dow drops 500 as stocks sell off around the world and oil prices leap even higher on war worries 

[Yahoo/Bloomberg] Oil Rally Builds as ‘Staggering’ Middle East War Jolts Energy

[Yahoo/Bloomberg] Gold Slumps as Dollar, Fed Rate Outlook Offset War Risk Premium

[CNBC] Iran live updates: Trump denies Israel pulled U.S. into war, says he ‘might have forced Israel’s hand’

[Yahoo/Bloomberg] War Widens as US, Israel, Iran Step Up Strikes Across Region

[Axios] UAE considers striking Iranian missile sites as regional war spreads

[AP] Iranian strikes on Amazon data centers highlight industry’s vulnerability to physical disasters

[Yahoo/Reuters] Fed's Kashkari says Iran war obscures monetary policy outlook

[Bloomberg] How the Iran War Is Disrupting Global Oil and Gas Supply

[Bloomberg] Oil Supertanker Costs Near $500,000 a Day as Iran War Disrupts Flows

[Bloomberg] Private Credit’s $143 Billion Leveraged Loan Pile Poses Market Risk, DB Says

[Bloomberg] US Trade Probes Will Conclude Within Five Months, Greer Says

[Bloomberg] Why You Should Worry About the Other War on Iran’s Border

[Bloomberg] Fed Can’t Be Complacent About Still-Hot Inflation, Schmid Says

[Bloomberg] Apollo’s Rowan Warns of Shakeout Coming for Private Markets

[Bloomberg] Soros CIO Says Markets Will Be Painful for More Than a Year

[Bloomberg] Goldman Private Credit Chief Says Gating Is Feature, Not Bug

[Bloomberg] Ares CEO Says UBS Call on 15% Private Debt Default ‘Absolutely Wrong’

[NYT] Big Lenders’ Risky Loans Are Rattling Wall Street

[NYT] War-Induced Inflation Spike Looms Over Europe’s Economic Recovery

[WSJ] Blackstone Played Down Private-Credit Risks. Now It’s Been Hit.

[FT] Blue Owl slides below listing price as private credit worries mount

[FT] Trump threatens to cut trade with ‘terrible’ Spain and calls Starmer ‘no Churchill’

Tueday's News Links

[CNBC] Dow drops 800 points as oil surges again, fears rise Iran conflict will drag on: Live updates

[AP] Global shares slump, crude prices soar as Iran launches drone strikes

[Axios] Oil prices surge as Trump team readies to "mitigate" costs

[Yahoo/WSJ] European Gas Prices Soar After Qatar LNG Halt Jolts Market

[CNBC] Iran war live updates: Israel boosts southern Lebanon forces; drones hit U.S. embassy in Riyadh as oil, dollar rise

[AP] Iran strikes the US Embassy in Saudi Arabia as war expands yet again

[Bloomberg] War Expands as US, Israel, Iran Ramp Up Strikes Across Region

[AP] Israel sends troops into southern Lebanon as Hezbollah says it is ready for open war

[Reuters] Intelligence assessment warns of Iranian attacks on US following Khamenei's death

[AP] Average price for a gallon of gas rises 11 cents overnight to about $3.11 in US, AAA says

[MSN/WSJ] What the Iran strikes could mean for US inflation

[CNBC] Amazon says drone strikes damaged 3 facilities in UAE and Bahrain

[Politico] Trump’s Iran gamble risks leaving Ukraine as forgotten war

[Axios] Private credit is probably not the place for democracy

[Yahoo/Telegraph] Another shadow bank hit by sell-off as AI fears spread

[Bloomberg] Putin Is the Iran War’s One Sure Winner

[Bloomberg] Global Economy Is Facing the Prospect of Another Profound Shock

[Bloomberg] Shortage of Tankers in Persian Gulf Could Hit Oil Production

[Bloomberg] Even Before He Reaches the Fed, Warsh’s Path to Rate Cuts Is Getting Tougher

[Bloomberg] Bowman Says Fed Should Look at Effectiveness of Liquidity Rules

[Bloomberg] Bond Markets Open With a Trickle of Deals by Top Rated Issuers

[NYT] In Plunging Into a Mideast Conflict, Trump Gambles His Presidency

[NYT] U.S. Sending More Forces to Middle East as Iran War Widens

[WSJ] Iranian Drones and Missiles Challenge Stretched U.S. Forces

[WSJ] A Market Frenzy Is Lurking Beneath Those Calm Stock Indexes

[WSJ] Trump’s Case for War With Iran Faces Growing Scrutiny

[WSJ] Gulf States in Race Against Time to Repel Iran’s Onslaught

[WSJ] Eurozone Inflation Rises Unexpectedly, With Further Risks on the Horizon

[FT] Iran executes Khamenei’s plan to spread regional war

[FT] Donald Trump struggles to explain why he launched another Middle Eastern war

[FT] Kevin Warsh’s push to shrink Federal Reserve’s balance sheet would evolve slowly

[FT] China prepares landmark law curtailing minority language rights

Monday Evening Links

[CNBC] S&P 500 futures slide as traders monitor latest with U.S.-Iran conflict: Live updates

[Yahoo/Bloomberg] Crude Oil Spikes as Mideast War All But Halts Hormuz Ship Strait 

[Reuters] Credit markets dented as Middle East war adds another worry for investors

[CNBC] Iran war live updates: U.S. embassy in Riyadh hit by drones

[Reuters] Iran vows to attack any ship trying to pass through Strait of Hormuz

[Axios] Earthquake in the Gulf: Iran war expands to dozen countries in 72 hours

[AP] War in the Mideast widens as Trump says strikes on Iran could last several weeks

[Reuters] US urges citizens to immediately depart over a dozen Middle Eastern countries

[Reuters] About 10% of global container fleet caught in Hormuz backup, shipping CEO says

[Bloomberg] Rubio Says US’s ‘Hardest Hits’ on Iran Are Still to Come

[Bloomberg] Iran's Missile Math: $20,000 Drones Take on $4 Million Patriots

[Bloomberg] Dimon Says Exuberant Market Doesn’t Match ‘Fine’ Economy

[Bloomberg] Dimon Warns Higher Inflation Risks Being ‘Skunk at a Party’ for US Economy 

[Bloomberg] Mark Zuckerberg Breaks Miami Record with $170 Million Mansion

[NYT] For Travelers Stuck in Dubai, ‘Chaos and Confusion’ and a Nervous Wait

[WSJ] Iranian Drones and Missiles Challenge Stretched U.S. Forces

[FT] Blackstone flagship private credit fund hit with wave of redemptions

[FT] Hedge funds rethink emerging market bets after US-Israel strikes on Iran

[FT] Trump to drop battle against law firms over punitive executive orders

Monday Afternoon Links

[CNBC] S&P 500 turns positive in dramatic comeback as traders buy the dip after U.S.-Iran attacks: Live updates 

[AP] Oil prices leap on worries about Iran war, while US stocks trim their sharp losses

[Yahoo/Bloomberg] Dollar Rallies Most Since May as War Spurs a Rush Into Havens

[AP] Live updates: Trump says Iran operations likely to last 4 to 5 weeks, but he’s prepared ‘to go far longer’

[Politico] War in the Middle East: Trump team slams US allies — live updates

[Axios] Trump says war against Iran moving "substantially ahead" of schedule

[AP] What to know about the Strait of Hormuz, a key passageway essential for global energy supply

[Reuters] Just one in four Americans say they back US strikes on Iran, Reuters/Ipsos poll finds

[Axios] Anthropic vs. White House puts $60 billion at risk

[Bloomberg] How Iran Conflict Is Disrupting Strait of Hormuz

[Bloomberg] US Manufacturing Grew, Input Costs Soared Before Iran Attack

[FT] Investors turn to gold, not bonds, as haven from war in Iran

[FT] Iran war is upending gas markets

[FT] UK does not back ‘regime change from the skies’, says Starmer

[FT] Lebanon plunged back into war as Israel targets Iran-backed Hizbollah

[FT] Iran attacks show US haven status is in peril

[FT] Elliott amassed £200mn exposure to collapsed mortgage provider MFS

[FT] Inside the plan to kill Ali Khamenei

Monday's News Links

[Yahoo/Bloomberg] Stocks Slump as War in Iran Lifts Oil and Dollar: Markets Wrap

[CNBC] Dow drops 400 points as oil prices spike following U.S. attack on Iran: Live updates

[Yahoo/Bloomberg] Gold Climbs as Middle East War Drives Demand for Safer Assets

[Yahoo/Bloomberg] Oil Spikes as Middle East War All But Halts Hormuz Ship Strait

[AP] European natural gas futures spike 42.6% in wake of shutdown of major Gulf liquid natural gas supplier

[AP] Live updates: Oil tankers and refineries under attack as US and Israel exchange strikes with Iran and war widens

[CNBC] Live updates: Iran security chief Ali Larijani rejects U.S. talks, blames Trump for ‘chaos’

[Yahoo/Bloomberg] Trump Says Iran Attacks May Last Weeks With Tehran Defiant

[Axios] Top U.S. general says it will take time to achieve Iran war goals

[Politico] US says Kuwait accidentally shot down 3 American jets

[AP] War widens as Israeli and US planes pound Iran and Tehran and its proxies hit back

[Reuters] Israel strikes Lebanon following Hezbollah attacks, widening Iran conflict

[Reuters] Wall St Week Ahead AI disruption looms over markets with US jobs data on tap

[Reuters] US officials skeptical of regime change in Tehran after Khamenei killing, say sources

[AP] Blow after blow to the power of Iran and its proxy militias set the stage for US-Israel attacks

[Axios] U.S. and Israel delayed original Iran strike by a week, officials say

[Yahoo/Reuters] Factbox-Escalating tensions turn spotlight on Big Tech's AI investments in Middle East

[Politico] China 'strongly condemns’ killing of Khamenei

[AP] Photos show China’s low-cost lifestyle in vast, semiabandoned housing complexes

[Bloomberg] Mideast Oil Output May Need to Stop If Hormuz Closed for 25 Days

[Bloomberg] Global Credit Markets Wobble as War Deepens AI-Triggered Selloff

[Bloomberg] Global Bond Binge Disrupted After Mideast War Raises Credit Risk

[Bloomberg] Private Credit is Sickly. Banks Aren't The Cure

[Bloomberg] Stavridis: Can Air Power Alone Win a War? We’re About to Find Out

[Bloomberg] Major Insurance Clubs to End Ship War-Risk Cover in Persian Gulf

[Bloomberg] Amazon’s Extreme AI Spending Sends Stock to Worst Month in Years

[Bloomberg] Bearish Sign Flashes After 25% Drop in Chinese Tech Stock Gauge

[Bloomberg] Pakistan Stocks Fall, Trigger Trading Halt on US-Iran Conflict

[WSJ] Attacks in Qatar, Saudi Arabia Drag Energy Sector Into Mideast Conflict

[WSJ] They Built the Hottest Firm on Wall Street. Now They Have to Save It.

[FT] Retail investors shun private credit funds after Blue Owl gating

[FT] People are complacent about risk of financial crisis, says Lloyd Blankfein

[FT] Who will back rate cuts on the FOMC?

Sunday Evening Links

[CNBC] U.S. crude oil jumps more than 7%, topping $72 a barrel on fears of Iran supply disruption

[CNBC] Dow futures drop 500 points as oil prices spike following U.S. attack on Iran: Live updates 

[Yahoo/Bloomberg] Dollar, Bonds Rally as Traders Absorb War Impact: Markets Wrap

[Axios] Trump warns more U.S. troops will "likely" die in Iran attacks

[Reuters] Just one in four Americans supports US strikes on Iran, Reuters/Ipsos poll finds

[Reuters] Amazon's cloud unit reports fire after objects hit UAE data center

[Reuters] Gulf businesses reel as Iran strikes trigger regional shutdowns

[Bloomberg] Oil Spikes as Widening Iran Crisis Disrupts Flows Through Hormuz

[Bloomberg] Iran Switches to Survival Mode After Killing of Khamenei

[Bloomberg] The AI Power Struggle Is Out of Silicon Valley’s Control

[WSJ] Hezbollah Vows to Confront U.S., Israel Over Iran Strikes

[WSJ] Iranian Drones Challenge Gulf’s Air Defenses

Sunday Afternoon Links

[Yahoo/Bloomberg] UAE Stock Markets to Close for Two Days Amid Iran Strikes

[AP] Iran vows revenge after the killing of its top leader and trades strikes with Israel in widening war

[Yahoo/Bloomberg] Iran Crisis Threatens Worst Gas Market Disruption Since 2022

[Yahoo/Bloomberg] Wall Street Turns to ‘Haven-First’ Strategy Amid Iran Crisis

[Bloomberg[ Oil Market’s ‘Worst Fears’ Are Here as Gulf Conflict Hits Hormuz

[Bloomberg] A Crisis Lurks as Asians Bring Money Back Home

[Bloomberg] Zero-Day Options Boom Is Coming for Big Tech as Hedging Picks Up

[WSJ] Trump’s War on Iran Threatens to Drive Up Oil Prices and Inflation

[WSJ] Iran Is Shooting at Some of the World’s Busiest Airports

[FT] Military briefing: Iran’s new retaliation strategy

[FT] Trump’s epic gamble in the Middle East

[FT] After Khamenei, who rules Iran?

[FT] UK draws up options for mass evacuation of citizens from the Middle East