Market moving insight and analysis.

Join Jim Kramer, David Faber, and me, Carl Kintanilla, on the opening bell hour of

CNBC Squawk on the Street.

Good Monday morning.

Welcome to Squawk on the Street.

I'm Carl Kintania with Jim Kramer and David Faber at Post 9 of the New York Stock Exchange.

Oil prices and retreat a bit on hopes that a reported 45-day ceasefire draft could get some traction, WTI

around 110. Equity futures, though, have given up some gains on reports of more Israeli

strikes on a key petrochemical plants in Iran. Big week ahead, Q4 earnings, GDP, and

inflation data for March. Robat begins with those last-ditch ceasefire talks as the president threatens to attack Iran's

bridges and power plants this week if the country doesn't open the Strait of Hormuz.

Plus, J.P. Morgan's CEO, Jamie Diamond, is out with his annual letter to shareholders.

He's speaking out on the risks in geopolitics, AI, and the private markets.

And we are always keeping an eye on open AI this following reports the CEO and the CFO, perhaps sending some mixed messages,

at least on the timeline of that giant potential initial public offering for the company.

Let's begin with the markets, of course, oil in Iran today, after stocks

did snap a five-week losing streak, Jim. We put together 3%. Some argue that maybe Monday was the

lows. You know, look, I think that there's great trepidation to say that because the, I have to use the word erratic.

There was an erratic posting yesterday by the president.

Interesting, Amon Jabbers read the posting.

As did many.

Yeah.

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