It's Jim Kramer here. You're listening to the opening bell of CBC's Squawk on the Street. Don't miss a minute of the action. Good Monday morning. Welcome to Squawk on the Street. I'm Carl Kintaneda. Jim Kramer is back at post nine, along with David Faber, here at the New York Stock Exchange. Equity futures and oil, not far from the flatline as the U.S. joins Israel in striking Iranian nuclear sites on Saturday.

One more part of a complicated picture this week with the NATO summit, PCE, and Chair Powell on the hill.

Roadmap begins with futures pretty calm as investors keep an eye on oil and Iran's response to the U.S.

bombing of its nuclear sites.

Plus, Tesla is launching its robotaxies in Austin, Texas.

How Wall Street is reacting to

that big rollout and america's biggest cement suppliers making its market debut today it's going to

have a 30 billion dollar market cap it's a spinoff of whole scene we're going to speak exclusively

with the CEO of a company called amrise yeah. Terrific. It's big. Yeah.

Let's begin, though, with the markets digesting the developments surrounding the U.S. military strikes on Iran over the weekend, Jim.

A lot of discussion this morning about maybe limited options on the Iranian side going into this week.

I think that's the way to put it. I think that we're all kind of shocked that they have almost no defenses.

We know that they were the arsenal of theocracy.

We knew it turns out, boy, were they loaded for bear.

But when you start running low and we can come over and bomb it will, it becomes very difficult for them to even talk about how they can close the

straits of moves. Maybe they can close it for a little bit. I mean, David, what you can tell

is that I'd like to compare this to what would happen if China did something, where it was strategic.

This is tactical. They can do something for a couple of days. And we don't know what they have

in terms of uranium that we haven't found.

But this country, to say that it's on the ropes is a little ridiculous. But the idea of having

regime change, I don't think anyone wants that because it has to be from internal, because it just doesn't work when our country goes in anywhere.

No, it hasn't. And certainly there's a lot of concern given the history,

...