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’