It's Jim Kramer here.

You're listening to the opening bell of CNBC's Squawk on the Street.

Don't miss a minute of the action.

Good Tuesday morning.

Welcome to Squawk on the Street.

I'm Carl Kintanay with Jim Kramer, David Faber,

at Post 9 of the New York Stock Exchange.

Oil close to multi-year highs this morning

as Iran shows no sign yet of agreeing to the president's 8 p.m. deadline to open the straight

of Hormuz, and the president does write in a post, a whole civilization will die tonight

if that deadline isn't met. Equity futures have unwound some brief gains. Vicks still above

25. February durables were a slight beat.

Our roadmap begins with that deadline tonight. The president threatening complete demolition

of Iran's infrastructure if that deal isn't reached. Broadcom is the best pre-market performer on

the NDX. It's striking a new deal with both Anthropic and Alphabets Google Unit, plus huge new anthropic

revenue numbers.

We'll give you those details.

And also surging are the health insurers.

The Trump administration increases average Medicare advantage payments above what we thought

they were going to be, and a rally is underway as a result.

Let's begin with the markets, oil today,

and this deadline tonight as these new reports this morning say the U.S. has already conducted

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