Netanyahu says he and Trump have 'tactical disagreements' but agree overall amid Iran war

Israeli Prime Minister Benjamin Netanyahu in a wide-ranging interview with CNBC's Sara Eisen in Jerusalem on Wednesday talked about his relationship with President Donald Trump, played down concerns about the world's oil supply being constrained due to the war with Iran, and touted Israel to investors.
The sitdown came on the heels of reports that Trump had cursed at Netanyahu in a phone call over Israel's continued military action against Hezbollah in Lebanon as the U.S. pursues peace negotiations with Iran.
The war, which Trump initially suggested would last for several weeks, has entered its fourth month.
The conflict has spurred economic angst and oil supply concerns around the globe, with crude prices hovering just below $100 a barrel.
Netanyahu told CNBC that while he and Trump might have "tactical disagreements" over how to handle the war, they "agree on many things."
He described Iran as an existential threat to both Israel and the U.S., and said it is crucial that the Islamic Republic be prevented from developing a nuclear weapon.
Watch CNBC's full interview with Israeli PM Benjamin Netanyahu:

Netanyahu blasts 'fraudulent lies' in digital information battle
Israel is fighting a battle against "horrendously unfair and fraudulent lies," Netanyahu said.
Addressing global criticism of the war, Netanyahu took aim at certain Western television stations and social media outlets, adding that the country must "get better" at fighting what he called the "digital information battle."
"The question is, do you succumb to the lies? No, I protect my people," he said. "They hate us because we do defend ourselves. What do we do? Stop defending ourselves? Of course not — we have to fight."
— Hugh Leask
Israeli economy expected to outperform in 2026
Netanyahu wasn't wrong when he said "buy anything in Israel, because Israel is going up."
Israel's economy is expected to outperform major developed markets in 2026. Capital markets are also outperforming, with the Tel Aviv 35 surging and the shekel rising.
Despite nearly three years of constant war, the central bank still expects Israel's economy to grow by 3.8% in 2026.
— Emma Graham
Netanyahu touts Nvidia investment, says 'buy anything in Israel'

Netanyahu touted tech investment in Israel while pushing back on the idea that calls for divestment from Israel are growing.
"In fact, the opposite is happening. We have enormous investment in Israel," he said.
"I'm not a stockbroker, and I'm not giving you tips, but I would say buy anything in Israel, because Israel is going up," he said.
"The stock market is soaring, our defense and other technological exports are going through the roof, and people are coming to invest," he added. "Nvidia invested here, they didn't do it because of our blue eyes."
— Kevin Breuninger
Netanyahu says he expects Iran regime change — doesn't know when

Netanyahu said he expects a regime change in Iran because the current leadership has been "enormously" weakened — but did not predict when that would happen.
"You can't quite predict when a regime like that goes under," Netanyahu said. "You didn't predict it in a number of cases: Not in Romania, and not in the fall of the Berlin Wall, and nobody predicted it, but it happened. Why? Because the cracks were propagating underneath."
"In fact, you have enormous cracks right now in Iran, and you can't predict when it'll happen," he said.
"But I said yesterday in a public forum here ... 'Look, I believe that ultimately these cracks will propagate and the regime will fall, and we'll do our best.'"
"I think that we have to help the Iranian people to bring down this regime, and that hasn't changed, but it's not going to happen, you know, exactly at the moment of our choosing," Netanyahu said.
"I think they've been enormously weakened," he said.
— Dan Mangan
Alternatives to Strait of Hormuz are being developed for oil shipping, Netanyahu says

Netanyahu said entities that rely on oil being shipped through the Strait of Hormuz are already "developing alternative routes" that will make up the energy supply shortfall caused by the key waterway being effectively closed during the war.
"That's what's happening now. Not, it's going to happen, it's already happening now," he said.
The strait saw about one-fifth of the world's oil pass through it prior to the war. But Netanyahu insisted, "you can make it up" through other routes.
— Kevin Breuninger
Netanyahu speaks with Trump 'every two days'
Netanyahu said he speaks with Trump "once every two days."
He said the two leaders "have common goals ... we want to achieve them."
But asked about what he would like to see from a potential ceasefire agreement, Netanyahu conceded that "it's an open question on how the war should end."
— Hugh Leask
Trump has been the 'greatest friend to Israel,' says Netanyahu
Netanyahu said Trump has been the "greatest friend to Israel."
Trump officially recognized Jerusalem as Israel's capital in 2017 during his first term. Then, in May 2018, the U.S. embassy was relocated from Tel Aviv to Jerusalem. This move was significant. Jerusalem is considered by many to be a contested capital city as both Israelis and Palestinians claim the city as their capital. In 2019, Trump recognized Israel's claim to the Golan Heights, a strategic area captured from Syria.
In 2020, Trump's administration normalized relations between Israel and several Arab countries, including the UAE, Bahrain, Morocco and Sudan.
— Emma Graham
U.S. 'reverse blockade' in Strait of Hormuz is 'stroke of genius,' Netanyahu says
Netanyahu praised Trump's retaliatory blockade of Iranian ports in the Strait of Hormuz, calling it "very effective."
"It's been a stroke of genius, the reverse blockade," he said.
— Kevin Breuninger
'If necessary, there will be a full-scale return to military action'
Netanyahu, asked if there actually is a ceasefire with Iran, said, "I think there's a tactical game that is being played."
"And Iran surely knows what [Trump] has said, that if necessary, there will be a full-scale return to military action," Netanyahu said. "It's a president's decision, Israel is ready, and the U.S. forces are ready."
"I think Iran should take that into account," he said. "I think they are taking into account that they're playing with fire, that's clear."
— Dan Mangan
Netanyahu would 'rather get a bad editorial than a positive obituary'
Netanyahu said he would "rather get a bad editorial than a positive obituary."
He noted that in previous centuries, Jewish people were "vilified," culminating in the Holocaust.
"We're still being vilified. But when they come to slaughter us, we fight back," Netanyahu said of his approach to the Middle East conflict.
— Hugh Leask
Netanyahu says he and Trump have 'tactical disagreements' but 'agree on the main things'
Netanyahu downplayed any hint of a schism with Trump, saying that while they sometimes have "tactical disagreements," they "agree on the main things."
Those include preventing Iran from getting a nuclear weapon and threatening Israel with it, he said.
"Sometimes we have, as in the best of families, you have these tactical disagreements," he said. But "we always find a way to work them out, and we do so as great friends."
"We can disagree in the morning" and find common ground by the afternoon, he said.
— Kevin Breuninger
Iran 'is an enemy that wants to destroy our country, that wants to destroy your country'

Netanyahu said, "We're fighting for the good guys" against Iran, which represents an existential threat to both Israel and the U.S.
"We're faced with an enemy that wants to destroy our country, that wants to destroy your country, that wants to destroy free democracies everywhere and spread their terrorist ilk around the globe," he said.
"So, when we fight Iran and its proxies, we're not only fighting our war, we're fighting your war, and frankly, Europe's war as well," Netanyahu said.
— Dan Mangan
Netanyahu slams European leaders who have been critical of Israel

Netanyahu laced into European leaders, such as French President Emmanuel Macron, who have criticized Israel's military actions.
"The way European leaders cater to radical Islamic minorities in their own countries is shameful," Netanyahu said.
"They know we're protecting them as well, but they don't have the guts to stand up and line up with the right thing that will save our civilization against these barbarians."
— Kevin Breuninger
Israel and Lebanon set for further talks in Washington following deadly strikes
Israeli and Lebanese officials are set to meet for further talks in Washington after the two sides look to de-escalate tensions in southern Lebanon.
Four Israeli soldiers were injured in southern Lebanon on Tuesday following a Hezbollah drone attack, while an Israeli drone strike on southern Lebanon on Tuesday killed eight people.
Israeli forces did not attack Beirut as part of a partial ceasefire agreement with Iran-backed Hezbollah, which pledged not to bomb Israel.
— Hugh Leask
Sara Eisen speaks to Israeli Prime Minister Benjamin Netanyahu in Jerusalem, an ancient city
Sara Eisen's interview with Netanyahu takes place in the prime minister's office in Jerusalem, one of the world's oldest cities, with a history spanning thousands of years. The city has been under many empires over history.
It is considered holy by Judaism, Islam and Christianity and home to key religious sites like the Western Wall, the Al-Aqsa Mosque and Church of the Holy Sepulchre.
Both Israelis and Palestinians claim Jerusalem as their capital, and the city's status remains a central issue in the broader Israeli-Palestinian conflict.
— Emma Graham
Netanyahu mum on claim Trump called him 'f---ing crazy'
Netanyahu brushed off a question about Trump crudely cursing at him during a phone call this week, and that the U.S. president said Netanyahu would be in jail if not for him.
"I'm not going to get into details," Netanyahu said when asked about Trump reportedly calling him "f---ing crazy."
— Dan Mangan
Iranian official disputes Trump's claim on nuclear pledge, calls it 'misleading'
An Iranian official pushed back on Trump's assertion that Tehran had agreed not to pursue nuclear weapons, calling the characterization "misleading" and inconsistent with Iran's longstanding position.
The official, who asked not to be named in order to discuss private negotiations, told CNBC that Iran, a signatory to the Nuclear Non-Proliferation Treaty, has always maintained that its nuclear program is exclusively peaceful and has "never sought nuclear weapons."
Framing the issue as a new agreement, the official added, falsely implies Iran was previously pursuing such arms, contradicting what it describes as Tehran's "declared policy and international obligations."
— Emma Graham
Dow Jones index down, oil prices up
The Dow Jones Industrial Average fell, and oil prices rose on concerns that inflation will continue to rise due to the war with Iran.
The DJIA was down more than 200 points, and the price of West Texas Intermediate futures rose 2% to about $96 per barrel.
— Dan Mangan
Trump confirms he told Netanyahu 'you're crazy' in tense call, praises wartime leadership
Trump in an interview with the New York Post's "Pod Force One" podcast confirmed reports that he told Netanyahu during a phone call "you're f---ing crazy. You'd be in prison if not for me."
Trump framed the conversation as two wartime leaders who work well together. "I was a little bit perturbed at his constantly fighting with Lebanon," Trump said, adding that the two have "worked very well together" during the Iran war.
— Emma Graham
Rubio said Iran's nuclear program could be negotiated
Secretary of State Marco Rubio appeared before two congressional committees on Tuesday and has two more appearances scheduled for Wednesday. He told the Senate Foreign Relations Committee on Tuesday that Iran "could negotiate aspects of their nuclear program."
He told lawmakers talks between the U.S. and Iran were ongoing, following Iran's comments that they were stalled. The appearance was Rubio's first public testimony since the Iran war started Feb. 28.
— Angela Greiling Keane
Trump suggests Iran has agreed to not have nuclear weapons
President Trump told The New York Post in a podcast interview that Iran agreed to not have nuclear weapons, but "'they can change their mind."
CNBC has reached out to Iran's Foreign Ministry, which declined to comment.
— Emma Graham
Iran fired missiles at Kuwait and Bahrain, U.S. Central Command says
U.S. Central Command says Iran fired missiles at Kuwait and Bahrain, marking the first time Bahrain has been attacked since the ceasefire between Iran and the U.S. was agreed to on April 7.
According to Kuwait's Army HQ, "a number of hostile drones targeted today the passenger building (T1) at Kuwait International Airport," injuring 63 people according to Kuwait's Health Ministry.
In Bahrain, Iran's Islamic Revolutionary Guard Corps claimed they struck U.S. 5th Fleet headquarters and a U.S. air base in the region.
U.S. Central Command said "all Iranian attacks on American forces failed," and insisted the ceasefire is in place.
Central Command said it launched "self defense" strikes overnight on Iran, "on Qeshm Island in response to attempted attacks by Iran across the Middle East."
— Emma Graham