Tuesday's News Links

[CNBC] S&P 500 rises as market continues rebound from Iran conflict turmoil: Live updates

[Yahoo/Bloomberg] Oil Rallies as Iran Targets Middle East Energy Infrastructure

[CNBC] Iran targets UAE energy infrastructure as gas field set ablaze, tanker struck near Strait of Hormuz

[AP] Live updates: Top Iranian security official Ali Larijani killed in overnight strike, Israel says

[Axios] Trump struggles to build coalition to reopen Strait of Hormuz

[Politico] Don’t ‘blackmail’ us: Europe rejects Trump’s demand to help clean up Hormuz mess

[Politico] ‘They hold the cards now’: Trump allies fear Iran is slipping beyond the president’s control

[AP] United Arab Emirates briefly closes airspace as Israel strikes Lebanon and Tehran

[Reuters] Trump says he can do 'anything I want' with Cuba

[CNBC] Private credit’s ‘off-ramp’ emerges as investors look to cash out and default fears grow

[Yahoo/Bloomberg] Traders Snap Up Protection Against Extreme FX Swings on War Risk

[Axios] How the Iran war is an economic world war

[AP] Top counterterrorism official Kent resigns over Trump’s Iran war, says Iran posed no imminent threat

[AP] Trump team applying pressure to media: Tell the war’s story the way we see it

[CNBC] Australia central bank hikes rates to a near 1-year high as Iran war raises inflation risks

[Reuters] Afghanistan says Pakistani airstrike killed 408 at Kabul drug rehab centre, Islamabad rejects charge

[Reuters] Explainer: From sponsor to enemy: What's behind Pakistan's attack on Afghan Taliban?

[Bloomberg] Private Credit Default Rates to Reach 8%, Morgan Stanley Says

[Bloomberg] Private Credit Is Entering Its Musical Chairs Phase

[Bloomberg] Japan Stays Guarded on Trump’s Ship Demands Ahead of Summit

[Bloomberg] Oil Jump to Stir BOJ’s Worry Over Risk of Inflation Overheating

[Bloomberg] Goldman Says Oil’s Biggest Shock to Hurt Refined Products Most

[Bloomberg] Memory Chip Crunch to Persist Until 2030, SK Chairman Says

[Bloomberg] Middle East War to Intensify Soaring European Corporate Distress

[NYT] War in the Gulf Is Now Churning the U.S.-China Relationship

[NYT] Sucked Into War, Gulf Countries Face the Limits of U.S. Security Guarantees

[NYT] I Predicted the 2008 Financial Crisis. What Is Coming May Be Worse.

[WSJ] These Are the 12 Fed Officials Who Are Voting on Interest Rates This Week

[WSJ] The Blowup That Exposed How America’s Banks Are Entangled in Private Credit

[WSJ] What Is Inference? Explaining the Massive New Shift in AI Computing

[WSJ] Iran Unleashes New Crackdown on Its People to Head Off Uprising

[FT] Donald Trump struggles to rally Nato allies to reopen Strait of Hormuz

[FT] China is not going to bail Trump out

[FT] Donald Trump says he will have the ‘honour’ of ‘taking Cuba in some form’

[FT] Investors pile into cash at fastest pace since pandemic on Iran fears