Monday's News Links

[Reuters] Share futures wobble, dollar gains as Iran talks teeter 

[Yahoo/Bloomberg] Oil Jumps as Hormuz Stays Shut After Trump Rebuffs Iran’s Offer

[CNBC] Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East conflict

[AP] Young Americans’ job market optimism falls as older adults stay upbeat, new Gallup poll finds

[Bloomberg] Private Credit Trades Between Friendly Funds Are Too Dicey

[Bloomberg] China’s Factory Inflation Hits Post-Covid High After Cost Shock

[Bloomberg] Race for Critical Minerals Leaves EU Struggling to Keep Up

[WSJ] Private Credit’s Hot Streak Is Over

[WSJ] Xi’s China: Dazzling Technology, Military Muscle—and an Economic Mess

[WSJ] China Exports More EVs Than Traditional Cars for First Time in April

[FT] How AI mania is disguising big companies’ hit from Iran war — in charts

[FT] China fixes currency at 3-year high ahead of Trump-Xi meeting