A Blockade Begins & Dirty Soda Heads to the Golden Arches 4/13/26

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 13 April 2026

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

President Trump has announced a blockade of the Strait of Hormuz after peace talks between the U.S. and Iran failed over the weekend. Founder and senior chairman of Evercore Roger Altman discusses the business community’s response to the conflict, CNBC’s Dan Murphy reports from the UAE, and former NATO Secretary General Jens Stoltenberg discusses the perspective of U.S. allies around the world as the Iran War continues. Plus, McDonald’s is exploring an expansion to its beverage menu, and Rory McIlroy won the Masters for the second year in a row. Dan Murphy - 08:27 Roger Altman - 21:37 Jens Stoltenberg - 34:16 In this episode: Dan Murphy, @dan_murphy Kelly Evans, @KellyCNBC Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music, please.
0:04.3	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pod.
0:09.7	Peace talks between the U.S. and Iran and without a deal.
0:13.3	President Trump announces a blockade of any and all ships trying to enter the Strait of Hormuz.
0:19.5	So that Iran will not be able to sell oil and that will be very effective.
0:25.1	We go around the world for the latest in the conflict, CNBC's Dan Murphy in the Middle East.
0:30.7	The sea spire is still intact, at least for now, on paper, but there is a real risk of renewed
0:36.5	conflict here.
0:37.7	Evercores Roger Altman on what the business community sees.
0:41.4	They still have their store of nuclear uranium.
0:44.0	The Xrade of Hormuz is closed, and there hasn't been regime changed.
0:47.1	And former NATO Secretary General Jens Stoltenberg on American Allies' view of the Iran war.
0:53.7	This has not been a NATO operation.
0:55.0	If there's going to be a NATO operation as it was in Afghanistan,
0:58.0	then you need to consult with all the allies.
1:00.0	You need to make decisions in NATO.
1:02.0	And that has not been the case in this when it comes to the war against Iran.
1:08.0	Plus the rest of today's news that got us squawking, Kelly Evans, sitting in with our Joe Kernan.
1:14.2	Are you ready for this?
1:15.1	Yeah.
1:15.8	Dirty Dr. Pepper.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.