Treasury Secretary Scott Bessent says the Trump Administration will roll out a series of measures aimed at stabilizing oil shipments through the Persian Gulf, as Washington steps into the oil tensions. He also addressed President Trump’s latest tariff policy. CNBC’s Dan Murphy reports from Dubai on the main energy traffic artery the Strait of Hormuz, and Sam Altman told OpenAI employees the company doesn’t get to choose how the military uses its technology. And, CNBC Cures’ first summit brought together rare disease families, care providers, regulators and innovators to tackle some of the world’s most difficult diagnoses. Check out CNBC Cures and watch videocasts of The Path with Becky on YouTube.

Scott Bessent 14:16

CNBC Cures 35:32

In this episode:

Dan Murphy, @dan_murphy

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Katie Kramer, @Kramer_Katie

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Bessent on Global Oil Trade 3/4/26

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