Sunday's News Links

[Reuters] Iran's Tasnim news agency says Hormuz will not reopen until Lebanon ceasefire holds, oil waivers issued

[Reuters] Trump says US will resume attacks if Iran does not restrain Hezbollah allies

[Axios] U.S. and Iran launch direct negotiations in Switzerland

[Yahoo/Bloomberg] Oil Keeps Flowing Through Hormuz Despite Iran Saying It’s Shut

[CNBC] ‘Regime change but in a velvet glove’: How Kevin Warsh has set out to remake the Fed

[AP] Starmer is on the precipice as pressure builds for the UK leader to resign

[Politico] Russian-occupied Crimea cuts off civilian fuel sales after Ukrainian strikes

[Bloomberg] Fed’s Favorite Gauge Is Seen Showing Faster Inflation

[Bloomberg] A Stock Trader’s Guide to Navigating a Rare ‘Super El Niño’

[WSJ] Trump Threatens to Strike Iran Over Hezbollah as Lebanon Snarls Talks

[WSJ] All the Money Flooding Into AI Is a Giant Warning Sign

[WSJ] The Memory-Chip Crisis Is Here—and You’re Footing the Bill

[WSJ] See How Owning a Home Is Getting More Expensive in Every Way

[WSJ] The U.S. Is Ramping Up Economic Warfare. Its Enemies Aren’t Blinking.

[FT] Vladimir Putin’s war machine sputters in drone age