Squawk on the Street
Crude Prices Surge, Pres. Biden and a Ban on Russian Oil Imports, Companies Feeling Pressure to Stop Doing Business in Russia, and What to Make of the "Treacherous" Markets.
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Show notes
Carl Quintanilla, David Faber and Mike Santoli led the show with news that sparked a surge in crude oil prices: President Biden set to announce a U.S. ban on Russian oil and gas exports. The anchors took a closer look at the
latest companies to take actions against Russia because of its invasion of Ukraine, including Shell, Yum Brands and Estee Lauder. Snap-On CEO Nick Pinchuk appeared on the program to discuss supply chain challenges for
U.S. companies. Also on the show: A report from on the ground in Ukraine, Google buys cybersecurity firm Mandiant for $5.4 billion, stock winners and losers, plus why the markets have been -- in the words of one of the anchors -- "so treacherous." Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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