Wednesday's News Links

[CNBC] Stocks rise on report that the U.S. has sent Iran a plan to end the war: Live updates

[CNBC] Oil prices fall as Iran signals safe passage for ‘non-hostile’ ships through Strait of Hormuz

[Yahoo/Bloomberg] Gold Extends Gains as Reports of Iran War Talks Offer Respite

[CNBC] Iran won’t accept U.S. effort at cease-fire in war, state media reports

[MSN] Iran is ready to end war on Trump's offer but with these five conditions met

[AP] Live updates: Iran receives 15-point US ceasefire proposal from Trump administration, Pakistan officials say

[AP] Trump administration offers 15-point ceasefire plan to Iran

[Axios] Iran suspects Trump's peace talk push is another trick

[Yahoo/Bloomberg] Iran Demands Crew, Cargo Details to Send Ships Through Hormuz

[Reuters] US expected to send thousands more soldiers to Middle East, sources say

[Reuters] Western powers were unable to secure shipping in the Red Sea. Hormuz will be harder

[Reuters] Pentagon says it will ramp up war supplies with defense companies

[Reuters] Hezbollah chief rejects talks with Israel under fire, vows fighters will continue 'without limits'

[Yahoo/Bloomberg] US Mortgage Rates Jump Further to Five-Month High of 6.43%

[Axios] Mysterious trading patterns follow Trump into war

[Politico] ‘The worst I’ve seen’: Oil industry grapples with the fallout from US-Israel war with Iran

[CNBC] Private credit’s ‘zero-loss fantasy’ is coming to an end as defaults and fund exits rise

[Axios] Private credit is looking shakier

[Reuters] Barclays pulls back on asset-based lending after MFS, Tricolor collapse, Bloomberg News reports

[Reuters] US current account deficit contracts sharply in the fourth quarter

[AP] Top central banker thinks businesses may be quicker to raise prices due to Iran war

[Reuters] Taiwan says US has 'high' urgency in speeding up weapons deliveries

[Politico] Trump’s ‘absurdly incoherent’ Iran pleas leave allies befuddled

[Bloomberg] US Import Prices Jumped by the Most Since 2022 Ahead of War

[Bloomberg] Iran’s Potential Peace Negotiator Known for Strongman Approach

[Bloomberg] Asia Braces for Worst-Case Energy Scenarios as Iran War Drags On

[Bloomberg] Europe Faced With Near-Empty Gas Stores Just as War Hits Supply

[Bloomberg] Nations Race to Secure Enough Fertilizer and Prevent Food Crisis

[Bloomberg] Tricolor Implosion Pits Wall Street Against Immigrant Car Buyers

[NYT] The Choking of Hormuz

[NYT] In Iran War, Cheap Drones Remain Wild Card

[NYT] What Happened After a U.S. Warship Hit an Iranian Mine in 1988

[WSJ] A ‘Wannabe Strongman’ Rises in Iran as Trump Seeks a Dealmaker

[WSJ] How Americans Are Navigating Higher Energy Costs on Every Front

[WSJ] ECB Would Need ‘Forceful’ Response if Inflation Surges, Says Lagarde

[WSJ] Iran Suspected of Directing Attacks in Europe, Creating Bogus Group to Claim Responsibility

[FT] Iran’s military leaders dismiss Donald Trump’s deal claims

[FT] Hedge fund Caxton extends losses to $1.3bn as Iran war rocks markets

[FT] Christine Lagarde says ECB ready to raise interest rates ‘at any meeting’