Jim Kramer here to share a short preview of my take on the market from today's

members-only CNBC Investing Club morning meeting.

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Oil went up. I think some people felt when the United States at 6 o'clock said we're going

to release some oil, they may be reversed the direction. No, it won't. What's going to have to

reverse the direction is a shutdown of Iran in some way to make it so they come to the peace table.

Because right now they seem to have the cards.

They're talking about $200 barrel, and they mean to get it.

And right now they're dealing with $50 drones against, you know, a million-dollar missiles,

and they're going to, they can prevail.

Yeah, oil hire as we see these reported attacks on cargo ships and oil tankers in the

Strait of Hormuz.

Secretary Wright said the U.S. not ready to escort tankers through the street.

A little bit different from that deleted tweet from the other day.

But he did say it could happen by the end of the month.

Problem is again, you know, you just send a lot of drones.

I mean, I really think that we underestimated how easy it is to make drones.

And you can't find every single place that they make drones because there's too many of them.

Yeah.

It's a warrior state.

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