
Israel and Iran trade missile strikes
From Squawk Box Europe Express by CNBC International
June 8, 2026 · 26 min
About this episode
The episode discusses the recent missile strikes between Israel and Iran, the impact on oil futures, and various economic developments including a U.S. jobs report and banking news in Italy.
Israel and Iran have exchanged fire for the first time since April which pushes oil futures higher and potentially jeopardizing a peace agreement. The A.I. sell-off on Friday continues into the new week with South Korea’s KOSPI tripping circuit breakers. A stellar U.S. jobs print raises the chance of a rate hike but President Trump remains committed to lowering interest rates. In Italy, Intesa Sanpaolo is looking to hijack a likely tie-up between BPM and Monte dei Paschi, tabling an offer for all BMPS shares. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .
Topics covered
- Israel-Iran conflict
- oil futures
- A.I. sell-off
- U.S. jobs report
- interest rates
- Italian banking
Keywords
- Israel
- Iran
- missile strikes
- oil futures
- A.I. sell-off
- U.S. jobs report
- interest rates
- Intesa Sanpaolo
- BPM
- Monte dei Paschi
Mentioned in this episode
Organizations: South Korea, Intesa Sanpaolo, BPM, Monte dei Paschi
Places: Israel, Iran
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