Wednesday Afternoon Links

[AP] US stocks rally as pressure eases from the bond market and oil prices fall

[Yahoo/Bloomberg] Oil Falls as Trump Cites ‘Final Stages’ of Iran Talks

[Yahoo/Bloomberg] US Crude Inventories Drop by Most on Record as Exports Surge

[Yahoo/Bloomberg] The AI Boom Is Making Warsh’s Bond-Market Bind Even Worse

[Axios] New Iran peace proposal triggers tense Trump-Netanyahu call

[Reuters] Iran is consolidating control of Hormuz with island checkpoints, diplomatic deals – and sometimes ‘fees’

[Reuters] 'Am I out?' Drought and rising costs from Iran war deepen pain for US farmers

[Axios] Battles to shrink the Federal Reserve's balance sheet begin

[WP] See how this 9,000-mile freight train of warm water may fuel a super El Niño

[Bloomberg] Xi and Putin Wrap Talks Showcasing Ties Amid Global Unrest