Wednesday Afternoon Links

[CNBC] S&P 500 little changed as traders monitor rising oil prices, gear up for more earnings: Live updates

[CNBC] Oil prices rise after Rubio says Iran is not serious about a deal

[Yahoo Finance] Bond yields rise as elevated oil prices reignite threat of 'renewed pressure on inflation'

[AP] Trump says US will destroy a bridge or power plant for each Iranian attack in the Strait of Hormuz

[CNBC] Houthis deploy missiles and drones to attack ships in southern Red Sea, naval group says

[Reuters] More ships change course in Red Sea after Houthi threats, data shows

[Axios] The trade-offs of a quieter Fed chief

[Bloomberg] US Goes All-In on Diesel Production Amid Growing Global Shortage

[Bloomberg] Warsh Confuses Traders, Makes Them Guess Next Week’s Rate Move

[Bloomberg] Retiree Health Costs Spike 7.5% in Latest Estimate From Fidelity

[Bloomberg] Texas, Louisiana Face Searing Heat Wave Exacerbated by Storm

[Bloomberg] Heat and War Deal Europe’s Grain Harvest Biggest Blow in Decades

[NYT] Trump’s Trade Negotiator Doubles Down on Tariffs Before Global Duties Expire

[NYT] Stocks and the Economy Are Increasingly Relying on the A.I. Boom

[WSJ] Global Economy Is Suddenly Fighting an Energy Stranglehold on Three Fronts

[FT] OpenAI admits AI ‘agent’ caused major cyber breach by itself

[FT] Pakistan seeks $10bn US facility to shore up reserves