Thursday's News Links

[Reuters] Asian stocks wilt as Brent holds above $100, yields near 2023 peak 

[CNBC] Oil extends gains, with Brent above $101 after U.S. destroys Iranian oil tankers

[Reuters] Hormuz shipping traffic in single digits, data shows

[Yahoo/Bloomberg] Traders Brush Aside Scott Bessent’s ‘Bet Against Me’ Tough Talk

[CNBC] UBS CEO flags investor complacency as geopolitical and economic risks mount

[NPR] Trump promises $5,000 dividend in convention speech, but only if Republicans win

[Bloomberg] AI Debt Binge Is Reordering Risk Hierarchy With Emerging Bonds

[Bloomberg] Bank of Korea Warns on Derivatives Tied to Korean Chipmakers

[WSJ] With Close Calls on U.S. Warships, Iran Shows New Appetite for Escalation

[WSJ] Trump’s Top Advisers Confront Possibility That Iran War Lasts Through End of Term

[WSJ] Trump’s $5,000 ‘Dividend’ Promise Is His Biggest Election Gambit Yet

[FT] US-China borrowing costs diverge to widest level ever

[FT] Bank of Japan must raise rates further, board member says

[FT] Climate outlook is ‘not pretty’ after oceans break heat records for 100 days