Monday's News Links

[CNBC] Stocks fall on renewed U.S.-Iran worries, but losses kept in check: Live updates

[Reuters] Oil jumps, stocks wobble as Mideast ceasefire hangs in the balance

[AP] Live updates: US seizure of Iranian ship near Strait of Hormuz casts doubt on fresh ceasefire talks

[Yahoo/Bloomberg] Iran Hesitant on Talks as Tensions Rise After US Seizes Ship

[Yahoo/Bloomberg] Hormuz Traffic at Standstill After US Navy Seizes Iranian Ship

[Reuters] World weighs fate of Mideast ceasefire after US seizes Iranian cargo ship

[CNBC] How private credit’s cracks are threatening to deepen private equity’s woes

[Yahoo/Bloomberg] Warsh’s Fed Confirmation Hearing Is Next Driver for US Debt

[Reuters] Fed chair nominee Warsh has big ideas. Here are some, in his own words

[Yahoo/Bloomberg] Emerging-Market Bond Sales Are Soaring Again as Investors Dive Back Into Risk

[Reuters] Value of global dealmaking recovers as firms pursue big transactions after Iran war

[Yahoo/Bloomberg] Asia Hedge Funds Log Big Losses From Iran War Before Truce Rally

[Reuters] Carney says Canada's US ties have become a weakness

[Politico] How the Iran war set Beijing up for global clean energy dominance

[Bloomberg] Crypto Hack Sparks $9 Billion Outflows From Biggest DeFi Lender

[Bloomberg] China’s Silver Imports Jump to Record on Retail and Solar Demand

[NYT] Trump Administration to Begin Refunding $166 Billion in Tariffs

[NYT] Why Gas Prices Go Up Fast and Take So Long to Fall

[WSJ] Kevin Warsh Pitched a Case for Fed Rate Cuts. His Future Colleagues Are Skeptical.

[WSJ] Seized Iranian-Flagged Ship Was Part of Fleet That Frequented China

[WSJ] U.A.E. Asks U.S. About a Wartime Financial Lifeline

[WSJ] Small Banks Are Finally Gaining on Their Giant Rivals

[WSJ] Germany Is Reinventing Itself as a Weapons Factory

[FT] How the Iran war could hurt Wall Street

[FT] The Iran crisis has not yet peaked

[FT] Kevin Warsh: Trump’s next fall guy at the Fed?

[FT] China sends warships to Pacific as Japan tensions grow

Sunday Evening Links

[CNBC] Dow futures drop 400 points as Iranian war tensions escalate: Live updates

[CNBC] Oil prices jump after Iran and U.S. attack commercial ships as tensions escalate over Strait of Hormuz

[Axios] U.S. takes Iran-flagged ship into custody, Trump says

[Yahoo/Bloomberg] US Seizes First Iranian Ship in Blockade, Imperiling Talks

[AP] US seizes Iranian-flagged ship near Strait of Hormuz and Tehran vows to respond

[AP] Live updates: Trump says talks will resume as standoff escalates over Strait of Hormuz

[Yahoo/Bloomberg] Next Catalyst for Treasury Bonds Is Named Kevin Warsh

[Axios] Burgers approach luxury territory as beef prices remain high

[Bloomberg] Hedge Fund Pay Spirals Even Higher in New Trader-Poaching Strategy

[Bloomberg] Japan Manufacturers Hurt Most by Aluminum Shortage From Iran War

[Bloomberg] North Korea Test-Fires Tactical Missile as Kim Hails Accuracy

[WSJ] In Fed Fight, Trump Faces the Senator With Nothing to Lose

[WSJ] Removing Iran’s Enriched Uranium Would Be Difficult—But It Has Been Done Before

Sunday's News Links

[Reuters] Trump accuses Iran of 'total violation' of ceasefire, threatens new attacks unless it takes deal

[AP] Live updates: Trump says talks will resume as standoff escalates over Strait of Hormuz

[Axios] Trump to send Vance back to Pakistan for make-or-break Iran talks

[AP] Iranian official says US ‘maximalist’ demands stall face-to-face talks

[Yahoo/Bloomberg] War Revives Stagflation Dangers for Global Economy

[Yahoo/Bloomberg] Traders Ready to Put War Behind Them Dial Up Risk

[AP] Resignations and firings have depleted the FBI and Justice Department. They’re scrambling to rebuild

[Bloomberg] Hormuz Shipping Traffic Grinds to a Halt as Tensions Deepen

[Bloomberg] Big Tech’s $4 Trillion Boomerang Powers S&P 500 to New Heights

[WSJ] Behind Trump’s Public Bravado on the War, He Grapples With His Own Fears

[WSJ] Iran’s Hard-Liners Flex Their Muscle With a U-Turn Over Hormuz

[WSJ] The Record Stock Market Rests on Some Big One-Offs

[WSJ] Private Credit Is on the Hunt for Credit-Card Debt

[WSJ] Wealth-Tax Fever Is Spreading to Less-Wealthy States

[WSJ] You’re About to See a Lot of Critical Software Updates. Don’t Ignore Them.

[FT] Wealth advisers made more than $2bn from private capital fees