Torsten Slok

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Very big news.

There you go.

Let's get into our conversation with Torsten Slocke, partner and chief economist at Apollo.

Torsten, thank you very much for joining us.

So I want to get into...

Iran is where we probably have to start here, specifically oil prices, which just skyrocketed over the weekend, went above 100, hit a peak of $118 a barrel.

We'll see where things head.

I mean, it's very, very volatile at this point.

But as the chief economist at Apollo, I just want to hear what you make of what's happening in Iran, how it's affecting

commodities prices and why it matters.

So it seems like a big problem as a result of that inflation.

Let's assume that oil prices are going to stay elevated.

To be clear, Trump has said this is going to be short term.