Episode

U.S. Blockade, China's Role in Iran, and Bank Earnings Underway 4/13/26

Podcast: The Exchange
Published: Apr 13, 2026
Duration seconds: 2640
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Canonical source: https://www.cnbc.com
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Summary

Oil prices spike as the blockade of Iranian ports begins. As Trump threatens 50% tariffs on China for a reported arms sale to Iran, The Council on Foreign Relations' Charles Kupchan says the Chinese are enjoying every minute of the conflict as it distracts the U.S. and fractures its relationship with NATO. Plus, Goldman Sachs kicks off bank earnings.