Amy Morris

President Trump lashed out at allies for not supporting the war in Iran, arguing that the U.S.

will not fight for their interests as they struggle to get jet fuel that's been blocked from traveling through the Strait of Hormuz.

Defense Secretary Pete Hegseth echoed that criticism of NATO and other U.S.

allies for not pitching in on military operations.

Hegseth stated that U.S.

strikes are damaging the morale of the Iranian military, leading to widespread desertions, and that regime change has occurred in Iran.

U.S.

Trade Representative Jameson Greer says the bottleneck in the Strait of Hormuz is likely to impact other countries before the U.S.

Trade Representative Jameson Greer spoke exclusively on Bloomberg surveillance.

Warren Buffett cautions he's seeing signs of fragility emerging in the banking system as it has become more connected to non-bank players.

He tells CNBC it should be a high priority for the Fed, saying that if panic sweeps through the markets, many investors will likely head for the exits.

The 95-year-old Buffett recently stepped down as CEO of Berkshire Hathaway.

Job openings fell and hiring slowed notably in February, pointing to cooler labor demand before the war in Iran triggered additional uncertainty.

The Labor Department says vacancies decreased to 6.88 million from an upwardly revised 7.24 million in January.

After a pickup in openings at the start of the year, the slowdowns in hiring and vacancies indicate employers are proceeding cautiously after a year of near-zero job growth.

U.S.

consumer confidence unexpectedly rose in March on slightly more upbeat views of business and labor market conditions.

But the conference board's senior U.S.

economist, Yelena Shilicheva, says this is a surprise.

But it also measures the first few weeks of the war in Iran.