And Iran is the really dangerous flash point because as you know the Russians are now closely allied with the Iranians. The Chinese are moving in that direction as well. And if Israel gets involved in a war with Iran, we're going to come in in all likelihood.So this gets at the escalation problem. Now, to counter the Iranian escalation scenario, the fact is Iran does not want a war with the United States and the United States does not want a war with Iran. And it's the Israelis, especially Benjamin Netanyah ...

Charles, is even though this was a missile attack, was it considered or should we consider it a deescalation. I know it sounds weird and a little ridiculous to say the missile attack is a deescalation, but that that appears to be how some of our guests and the markets are reacting to this. You know, I think it's too soon to tell because these strikes that the Iranians are taking against US bases are are still ongoing.But at least as far as we know, they called in advance. They said, you know, here it comes. ...

Let's now bring in Fred Campy. He is the CEO of the Atlantic Council. He's a CNBC contributor and he's actually in the Heg Netherlands where the NATO summit is set to begin.Fred, we're going to kind of rip up the script on what we were planning to speak with you about. We don't know exactly what's happening. It's clear Iranian missiles have been fired toward or into Qatar.What is your take. Uh so I'm getting reports even as we're talking and it does seem to be confirmed uh that Iranian missiles have uh targ ...

Every time we're on the verge of victory, somebody in the military-industrial complex invents some escalation of something so that we can just go to war. The answer always seems to be let's go to war or let's support a war or let's enable a war. And the bull work to that has been the president.If we go to war, this totally screws everything up. You could see oil double double. What happens to the economy of the world of world GDP of everything of inflation if you have oil at 100 bucks a barrel 112 bucks a b ...

FOR THE CONVERSATIONS THAT MATTER AND THE INSIGHTS YOU NEED, LET'S GET STARTED. ♪ >> NEWSMAKERS AND MARKET MOVERS, THIS IS THE PULSE WITH FRANCINE LACQUA. FRANCINE: GOOD MORNING AND WELCOME.I'M FRANCINE LACQUA IN LONDON. IRAN SAYS THE HEAD OF ITS ARMED FORCES AND SIX OF ITS NUCLEAR SCIENTISTS HAVE BEEN KILLED IN A WAVE OF ISRAELI AIRSTRIKES. ISRAEL SAYS 200 WERE PLANTED 100 TARGETS IN IRAN WITH THE AIM OF PREVENTING IT FROM BEING ABLE TO MAKE A NUCLEAR WEAPON.ISRAEL SAYS IRAN HAS RESPONDED BY LAUNCHING MORE ...