President Trump has announced a blockade of the Strait of Hormuz after peace talks between the U.S. and Iran failed over the weekend. Founder and senior chairman of Evercore Roger Altman discusses the business community’s response to the conflict, CNBC’s Dan Murphy reports from the UAE, and former NATO Secretary General Jens Stoltenberg discusses the perspective of U.S. allies around the world as the Iran War continues. Plus, McDonald’s is exploring an expansion to its beverage menu, and Rory McIlroy won the Masters for the second year in a row. Dan Murphy - Roger Altman - Jens Stoltenberg - In this episode: Dan Murphy, @dan_murphyKelly Evans, @KellyCNBCJoe Kernen, @JoeSquawkKatie Kramer, @Kramer_Katie