It's Jim Kramer here. You're listening to the opening bell of CBC Squawk on the Street.

Don't miss a minute of the action.

Good Friday morning. Welcome to Squawk on the Street. I'm Carl Kintanay with Jim Kramer at post-9 of the New York Stock Exchange. Faber has the morning off.

Oil somewhat steady as the Iran War moves now into its third weekend.

Some renew reports that countries like France and Italy and India are actually engaging with Iran,

try to secure a safe passage through Hormuz.

Stocks meantime look to hold after the lowest close of the year yesterday.

Eco data, a bit of a stagflationary tone,

hot-core PCE, lowest GDP print in almost a year. Our roadmap today, quote, unparalleled

firepower, unlimited ammunition, and plenty of time. The president digs in on Iran. Adobe's under

pressure, Shots Nooniryan said to depart. That kind of overshadows an earnings beat.

And why the Teamsters are now calling on the DOJ to block Paramount's Warner Brothers deal.

Let's begin this morning with the markets as we get ready to wrap up what's been a volatile week for oil and stocks.

Jim, and I guess discussion of military strategy and what the endgame should be.

Yeah, and it's hard. I mean, obviously there's overnight comments that the president made,

Secretary Hex with me, and it's difficult. It's difficult because, look, I'm a stocking,

and we have to opine on political. I made some comments yesterday about the war on Iran.

I got to make it clear. I was not saying what should happen regarding

the destruction of the country's infrastructure or what I wanted to happen to the people for

Iran. I want this conflict solved diplomatically. I think it can't be. I really do. I don't

present something I think could. But again, I'm a stock guy. I got to apologize to anybody who thought

I'd supported the destruction of the Iranian people. That would be the got to be avoided. It's just got to be avoided. And I want to make that clear. And I don't want to sugarcoat it. I did not say it to I should. And you have to own that when you get something wrong. I opined in an area that I'm not as good at because that's not what I do. But I just feel like, you know, Secretary Hexler was speaking this morning. Yep. The president made some comments last night. And they're related to what could happen to Iran and oil and to Russia. And if you don't try to fit it all in, Carl, I think he end up not being as valuable as alike.

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