Wednesday Afternoon Links

[CNBC] Dow surges 1,200 points as U.S.-Iran ceasefire sends oil prices tumbling: Live updates

[Axios] Iran ceasefire clouded by confusion, contradictions

[Axios] U.S. says Iran ceasefire doesn't apply to Israeli strikes in Lebanon

[AP] Live updates: Iran closes the Strait of Hormuz in response to Israeli attacks on Lebanon, per Iranian state media

[Yahoo/Bloomberg] US and Iran agree to hold talks even as Hormuz stays blocked

[Yahoo/Bloomberg] Hormuz Stays Blocked for Now as Hundreds of Ships Seek Exit

[Yahoo Finance] Strait of Hormuz has immediately become the first major flash point of Trump's 'fragile' ceasefire

[CNBC] First ships pass Strait of Hormuz since Trump-Iran ceasefire, but traffic remains low amid confusion

[Axios] Iran war's economic aftershocks will be felt for some time

[Politico] Europe fears getting stuck with the bill after Trump’s Iran deal

[Bloomberg] Hormuz Tanker Transits Blocked After Lebanon Hit, Fars Says

[Bloomberg] What We Know About the US-Iran Ceasefire

[Bloomberg] Hedge Funds Closing Stock Short Bets at Fastest Pace Since 2020

[WSJ] Gulf States Fear an Emboldened Iran after Trump’s Cease-Fire

[WSJ] A Closer Look at Iran’s 10 Demands—and Which the U.S. Might Accept

[WSJ] Developers Get 90% Discounts to Buy Struggling Office Towers

[FT] White House pushed Pakistan to broker temporary Iran ceasefire

[FT] Donald Trump truce keeps Gulf’s Iran menace alive