Good Tuesday morning. Welcome to Squawk on the Street. I'm Carl Kintania with Sarah Eisen

live at post-9 of the New York Stock Exchange. Today, signs of a potential U.S. and Iran deal,

which could reopen the street of Hormuz. But we're joined by one oil and security expert

who says the president will have to make some difficult concessions.

Plus, with that massive SpaceX IPO on deck next month, one looming question remains.

Will Elon Musk move to merge it with Tesla? We'll explore the potential benefits and setbacks

of such a move. Disney's latest Star Wars chapter, The Mandalorian and Grogu, the first in the franchise

to be so-called

filmed for IMAX. It did conquer the holiday weekend. We'll discuss box office expectations

with Rich Gelfand of IMAX, as well as these reports that the company might be seeking a buyer.

As for the market's all-time highs for the S&P, 7530. Dow's given some back and is moderately red, pretty

mixed picture sector-wise, although industrials and information technology up almost 2% doing

some heavy lifting today.

I mean, look at the split personality between the AI and the non-AI with the NASDAQ surging,

one and a quarter percent. Thank you, Micron, AMD, Broadcom, the chips. The chip names

are really working today. Everything else a little bit weaker. Financials under pressure,

same with energy and discretionary. We'll start with the latest on the war in Iran.

Amon Javers joins us now. So, Amin, some hope in the market here if you look at the lower

price of oil. Yeah, hey there, Sarah. Iran is in the market here if you look at the lower price of oil.

Yeah, hey there, Sarah. Iran is accusing the United States of violating the ceasefire with strikes in southern Iran late yesterday. In a statement, the Iranian Ministry of Foreign Affairs

said these aggressive acts coinciding with ongoing Pakistan-mediated diplomacy once again

exposed America's bad faith and malice toward

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