Thursday's News Links

[CNBC] Dow drops, Brent oil jumps as market rout continues: Live updates

[Yahoo/Bloomberg] Oil and Gas Prices Jump as Strikes on Gulf Facilities Escalate

[CNBC] Treasury yields jump as fear of rising inflation weighs on sentiment

[Yahoo/Bloomberg] Gold and Silver Plunge as Iran War Damps Rate-Cut Hopes

[Reuters] Exclusive: Iran attack wipes out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says

[Axios] Hegseth on seeking $200 billion for Iran war: "That number could move"

[CNBC] Hegseth says potential $200 billion Iran war spending request could shift: ‘Takes money to kill bad guys’

[AP] Live updates: Iran targets Gulf refineries following Israeli attack on world’s largest natural gas field

[AP] Iran intensifies attacks on oil and gas facilities in the Gulf after Israeli strike on key gas field

[Yahoo/Bloomberg] Iran Attacks Energy Sites, Defying Trump Calls for Restraint

[Reuters] Despite Trump comments, Israeli officials say US knew of Iran gas field strike

[Reuters] Exclusive: US weighs military reinforcements as Iran war enters possible new phase

[Yahoo/Bloomberg] Gas Traders Assess Damage at World’s Top LNG Plant in Qatar

[Yahoo/Bloomberg] Iran, Israel Trade Strikes on Energy Facilities in Worsening War

[Axios] After Tehran strikes, Trump says Israel won't attack Iran gas fields anymore

[Reuters] Trump vows no more attacks by Israel on Iran gas field after it 'violently lashed out'

[Reuters] Europe tells Trump Iran is 'not our war'

[AP] US applications for jobless benefits fall to 205,000 last week as layoffs remain historically low.

[Axios] Private credit's wake up call

[Yahoo/Bloomberg] JPMorgan Strategists Say Investors Are Complacent on Iran War

[Bloomberg] How Iran Has Effectively Closed the Strait of Hormuz

[Bloomberg] Private Credit’s Biggest Players Go From Good to Bad to Worse

[Bloomberg] Bond Traders No Longer Price In Any Chance of Fed Cut in 2026

[Bloomberg] Powell Staying at Fed Goes Against Historic Norms, Bessent Says

[Bloomberg] ECB Holds Rates Steady as Officials Warn of Iran War’s Costs

[Bloomberg] How Iran War Is Disrupting the Food Supply Chain

[Bloomberg] FBI Probes Former Counterterror Chief Joe Kent in Leak Inquiry

[Bloomberg] Norway’s $2 Trillion Wealth Fund Is Sounding a Warning on Iran

[Bloomberg] Kremlin Loyalist Turns on Putin as Russians Start to Tire of War

[NYT] Gas Prices in Japan Hit Record High, Testing Leader’s Cost-of-Living Pledge

[WSJ] Escalating Attacks on Gulf Energy Assets Plunge Iran War Into New Phase

[WSJ] Trump Wants Powell Out. Powell Is Digging In.

[WSJ] Millions of Americans Are Going Uninsured Following Expiration of ACA Subsidies

[WSJ] China Hoped Trump Summit Would Cement Its Superpower Status. Now Xi Has to Wait.

[FT] Armageddon scenario’ for gas markets as Qatar hit by missiles

[FT] Stocks and bonds hammered as investors price in ‘protracted energy shock’

[FT] Bank of Japan postpones rate rise after Middle East war erupts

[FT] BofA apologises for bet against European private credit