#CNBC Squawk Pod: The UAE’s infrastructure & oil markets – 03/16/26 | Audio Only
Squawk Pod: The UAE’s infrastructure & oil markets – 03/16/26 | Audio Only
Starting the third week of the war in the Middle East, Morgan Stanley’s chief of U.S. equity strategy Mike Wilson discusses the energy and broader markets and considers the likelihood of a recession in the short term. On the ground in Dubai, CNBC’s Dan Murphy reports on Iran’s strikes on the UAE’s critical energy infrastructure and transportation hub. The Strait of Hormuz is pivotal to the conflict; President Trump is reportedly planning a coalition of naval escorts through the channel key for the world’s energy supply. Michelle Caruso-Cabrera offers her perspective on the oil markets, investor sentiment, and geopolitics. Plus, the U.S. and China are holding trade talks in Paris, and a federal judge has blocked subpoenas to the Federal Reserve in the criminal investigation of Jerome Powell.
In this episode:
Dan Murphy, @dan_murphy
Steve Liesman, @steveliesman
Robert Frank, @robtfrank
Michael Santoli, @michaelsantoli
Becky Quick, @BeckyQuick
Katie Kramer, @Kramer_Katie
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