Tuesday's News Links

[CNBC] S&P 500 pulls back after Monday’s rally as oil prices rebound, Iran conflict continues: Live updates

[Reuters] Caution returns as glimmer of relief over Iran war fades, oil rebounds

[CNBC] Oil rises with Brent climbing back above $100 as optimism fades over Iran war de-escalation

[Reuters] Iran rains missiles onto Israel and mocks Trump's talk of joint control of strait

[AP] Live updates: Trump raises hopes for war to wind down as Iran denies negotiations

[Reuters] Trump wants a deal with Iran but success of talks unlikely, Israeli officials say

[Yahoo/Bloomberg] Iran Strikes Persist Even as Trump Claims Talks to End War

[Yahoo/Bloomberg] Trump’s Delay Fails to Calm Jitters Over War as Funds Trim Risk

[Axios] College-educated workers think the job market is as bad as it was in 2013

[Reuters] Japan finance minister says ready to act 'on all fronts' after report on oil futures intervention

[Yahoo/Bloomberg] VIX Signals Traders Want Proof It’s Safe to Buy the S&P 500 Dip

[Axios] "We're in a tough spot": Mattis delivers harsh Iran assessment

[AP] Fire out and shelter-in-place order is lifted after oil refinery explosion near Texas coast

[Bloomberg] Saudis and UAE Take Steps Toward Joining Iran War, WSJ Reports

[Bloomberg] Ares Limits Private Credit Fund Withdrawals as Redemptions Surge

[Bloomberg] Futures Markets Saw Trading Spike Before Trump’s Iran Post

[Bloomberg] Bessent’s Longshot Deficit Goal Undercut by War and Tariff News

[Bloomberg] JPMorgan Sees ‘National Security Risk’ in Old Grid Networks

[Bloomberg] Why the Iran War Rattled the UK Bond Market

[Bloomberg] Takaichi Orders Review of Entire Supply Chain for Oil Products

[Bloomberg] Mexico Inflation Jumps More Than Expected Ahead of Rate Decision

[Bloomberg] Brazil Central Bank Warns Iran War Is Stoking Inflation Risks

[Bloomberg] Global Air Quality Worsened in 2025 and Poses Threat to Growth

[NYT] Young Graduates Face the Grimmest Job Market in Years

[NYT] Saudi Prince Is Said to Push Trump to Continue Iran War in Recent Calls

[WSJ] Gulf States Edge Toward Joining Fight Against Iran

[WSJ] The Back-Channel Diplomacy Behind Trump’s U-Turn on Iran

[WSJ] President Backs Off Threat To Iranian Energy

[WSJ] Big Banks Are Playing Both Sides of the Private Credit Meltdown

[WSJ] China Isn’t Rushing Taiwan—It’s Squeezing It Slowly

[FT] Ares limits withdrawals from $10.7bn private credit fund

[FT] SEC questions ratings issued by agency behind private credit boom

[FT] Iran war is rattling global economy, surveys show

[FT] Trump’s Armageddon-Taco shuffle

[FT] Hormuz fertiliser block will upend world’s food production

[FT] China’s leaders hunt for strategic gains from US quagmire in Iran

Monday Evening Links

[CNBC] Stock futures are little changed after Monday’s relief rally; traders eye latest developments in Iran: Live updates

[Reuters] Oil craters, stocks rally as Trump says Iran talks underway

[CNBC] Apollo gives investors only 45% of requested withdrawals from $15 billion private credit fund

[Politico] How two wars are pulling Europe and the US apart

[Bloomberg] Trump’s Wild, 5-Minute Rally Sends Clear Message to Wall Street

[Bloomberg] Apollo Caps Private Credit Fund Withdrawals as Requests Hit 11%

[Bloomberg] Private Credit Fund Run by Future Standard and KKR Cut to Junk by Moody’s

[Bloomberg] Cliffwater’s Father-Son Duo Is Lashed by Private Credit’s Brewing Storm

[Bloomberg] Trump Wants Powell Out, But What Happens If Warsh Isn't Confirmed in Time?

[Bloomberg] JPMorgan Offers Clients a New Way to Hedge AI Debt Risk

[FT] Apollo caps investor withdrawals from flagship private credit fund

[FT] Traders placed $580mn in oil bets ahead of Donald Trump’s social media post on Iran talks

Monday Afternoon Links

[CNBC] Dow jumps 600 points after Trump says U.S. and Iran have held ‘productive’ talks: Live updates

[CNBC] Oil tumbles after Trump puts hold on U.S. strikes against Iran energy infrastructure for five days

[CNBC] Volume in stock and oil futures surged minutes before Trump’s market-turning post

[Axios] U.S. negotiating with senior Iranian official: Trump

[AP] Live updates: Trump says Iran ‘wants to make a deal’ but the Islamic Republic denies any talks

[AP] Trump says US is talking with an Iranian leader as he extends deadline for striking power plants

[AP] International Energy Agency head says global economy faces ‘major, major threat’ from Iran war

[CNBC] Fed’s Goolsbee says he’s worried about inflation in ‘fraught but intense’ climate

[Yahoo/Bloomberg] US envoy says EU faces higher tariffs if trade deal fails

[Yahoo/Reuters] US construction spending unexpectedly falls in January

[Bloomberg] Trump Began Iran Talks as Allies Warned War Risked Disaster

[Bloomberg] Middle East War Spurs Emissions From Oil and Gas Sites, Satellites Show