Tuesday Afternoon Links

[Reuters] Wall St gains on chip stocks recovery; earnings draw focus

[Reuters] Oil prices rise to five-week high on US-Iran attacks, Houthi blockade threat

[Reuters] Tankers with Saudi crude turn back as Houthis open new front in US-Iran war

[Axios] Trump vows U.S. will soon bomb Iran's Pickaxe Mountain

[Axios] Trump employs unused law in new tariff playbook

[Reuters] Developed market debt to hit record $75.8 trillion as shocks and spending pressures mount, Fitch says

[Semafor] Concerns grow over AI giants’ hidden debts

[The Atlantic] The AI Bubble Is No Ordinary Bubble

[Bloomberg] Trump Plays Down Prospects for Iran Talks Amid Red Sea Threat

[NYT] Oil Buyers Battered by the Iran War Energy Crisis Race to Build Buffers

[WSJ] CoreWeave’s AI-Native Cloud Faces the Storm

[FT] IEA warns of risk to energy supplies from escalation of Iran conflict