That's money starts right now.

Live from the Nasak market site overlooking New York City's Times Square.

I'm Melissa Lear.

Traders on the desk for Steve Kraso.

Karen Finerman, Dan Nathan, and Guy Dahmy.

High on our radar, the big countdown to big tech, Facebook, Amazon, Google, Intel, all reporting

results next week.

How should you position yourself ahead of these big reports?

But first we are following a major developing story in the oil market.

Crude shooting higher on news that Iran sees two tankers

in the straits of Hormuz.

We're watching this reaction very, very carefully.

Karen, you're noting that in the aftermarket session

SMB features looked like it was reacting to this, but take a look at the oil market.

You would think that there would be a little bit more to this than what the oil market is pricing

and what do you make of all this? Geopolitical doesn't seem to move it doesn't seem to move oil at all Steve actually

alluded to this a couple days ago I think I don't think geopolitical risk or uncertainty

really has any effect on the oil market whether that's's right or wrong, I don't know.

But I do think it has, for the broader market, I think it has huge implications.

And we'll talk about it quickly. I don't think, Iran wouldn't do this on their own, I don't think.

I think there's clearly they get the

backing of somebody out there and I think this has far greater ramifications I

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