Wednesday's News Links

[CNBC] Dow falls 600 points as oil prices jump ahead of Fed decision: Live updates

[CNBC] Oil prices jump more than 6% after Trump says U.S. will hit Iran hard

[AP] Iran resumes missile attacks as US and Saudis strike Tehran-backed militias in Iraq

[Reuters] Fear of war's spread as US, Saudi hit Iran-backed fighters in Iraq

[Reuters] Iran to get Chinese shoulder-launched missile systems in weeks, sources say

[Reuters] Yemen's Houthis considering fees for ships sailing through Red Sea, sources say

[AP] The Federal Reserve is expected to keep rates unchanged for now despite high prices

[Reuters] Uncertainty creeps into Fed's rate decision as Warsh keeps his cards hidden

[Reuters] Magnificent 7 results set to test broadening US stock market

[NYT] Shipping Risks Rise Across Crucial Middle East Oil Routes

[NYT] What to Watch at the Federal Reserve’s July Meeting

[NYT] A.I. Companies Are Recruiting Electricians and Carpenters by the Thousands

[WSJ] Iran Gambles on Escalation With Surprise Attack on U.S. Forces

[WSJ] How China Went From Dream Customer to a Nightmare for Big Oil

[FT] Trump vows to deliver ‘beating’ to Iran in retaliation for latest attack

[FT] Half of England declared in drought after heatwaves

[FT] What’s up with CCC-rated bond spreads?

[FT] China’s commercial space boom poses strategic challenge for the US