Fast money starts right now live from the Nazac Market site overlooking New York

City's Times Square.

I'm Melissa Lear.

Traders on the desk for Tim Seymour, Karen Finnerman, Brian Kelly and Dan Nathan.

Check out shares a chipmaker Broadcom sinking after reporting earnings moments ago.

That conference call is kicking off right now.

We will bring you the very latest.

Plus, we've got James Wang of Arkenves with us to break down the numbers and he will tell

us which stock he sees winning the battle of the chips.

But he started off with a oil crew jumping as two oil tankers were attacked in the Gulf of

Oman, the White House blaming Iran for the assault.

Hadley Gamble is in the UAE with all the details

on this developing story. Hadley.

Good evening, Melissa.

So essentially what we've seen over the last several hours is an intensifying of the rhetoric on both sides of this issue.

U.S. Secretary of State Mike Pompeo coming out and attacking Tehran saying they are responsible for what happened to these two

tankers off the coast of the UAE off the coast of Iran right in the middle of that

Gulf of Oman earlier today. Now this is the story of course that we have been tracking since around 6 a.m. local time it's

now after 1 a.m. here in the Persian Gulf let's listen in to what Mr.

Pompeo had to say. Taken as a whole these Mr.

Pompuyo had to say. Taken as a whole, these unprovoked attacks present a clear threat to international peace and security,

a blatant assault on the freedom of navigation and an unacceptable campaign of escalating tension by Iran.

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