Saturday's News Links

[CNBC] Iran’s military command says Strait of Hormuz is closed again, citing Israeli attacks in Lebanon

[AP] Iran closes Strait of Hormuz again and says its negotiating team with US is heading to Switzerland

[Axios] Trump envoys arrive in Switzerland for Iran talks planned for Sunday

[CNBC] AI buildout gives tech investors new reasons to watch bond market

[AP] Warsh’s gamble: A quieter Federal Reserve could mean volatile markets, higher rates

[Yahoo/Bloomberg] UK Seeks Cheap Long-Range Weapons for Ukraine Without US Input

[NYT] Mines, Logistics and Deep Uncertainty Threaten a Middle East Oil Rebound

[WSJ] Warsh’s First Test as Fed Chairman: Reading the AI Boom

[WSJ] Why the Memory Crunch Is Almost Impossible to Solve

[WSJ] The Market’s AI Fanfare Is Running Into a Harsh Political Reality

[WSJ] One Investor’s Race to Get $80 Million Out of Private Credit

[WSJ] Secretive Wall Street Powerhouse Jane Street Seizes the AI Spotlight

[WSJ] Italy’s Meloni Hits Out at Trump as U.S.-Europe Truce Breaks Down

[WSJ] Russia Faces Spreading Fuel Shortages After Ukrainian Drones Pummel Refineries

[WSJ] How China’s Navy Is Tightening the Noose on Taiwan

[FT] America’s intractable air traffic problem