While markets await a Saudi update, investors are likely asking how the kingdom left itself so vulnerable, and what it means for the future.Energyread more
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
Shares of defense companies rose on Monday after the United States military was put on alert by President Donald Trump.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
Stocks fell on Monday amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.Marketsread more
A new research study by the Digital Citizens Alliance shows how easy it is to buy illegal steroids or appearance and performance enhancing drugs (APEDs)Cybersecurityread more
GM shares were down nearly 3% Monday as analysts estimated the strike could cost GM tens of millions of dollars per day. The two sides resumed talks at 10 a.m. Monday...Autosread more
President Donald Trump signaled Iran is not telling the truth about the drone attacks on Saudi Arabia's largest oil facilities.Oilread more
U.S. Secretary of Energy Rick Perry spoke to CNBC's "Squawk on the Street" on Monday following a series of drone attacks on Saudi Arabia's oil facilities caused the largest...Oilread more
Perry says it's too soon to say whether the U.S. will need to use its emergency crude reserves to offset the surge in oil prices.Oilread more
Consumers in the U.S. prefer Apple's more expensive models, while the standard iPhone 11 appears to be more attractive to buyers in China, according to analyst Ming-Chi Kuo.Technologyread more
President Barack Obama wrote to Russian President Vladimir Putin to inform him directly that the U.S. government had determined that Russia violated the intermediate-range nuclear treaty, White House spokesman Josh Earnest said Tuesday.
"That is an indication that this is a matter that merits the serious attention of the leaders of both the United States and Russia," Earnest told reporters at a briefing, declining to provide details on how Russia violated the treaty.
European Union governments reached a deal on Tuesday to impose economic sanctions against Russia, targeting its oil industry, defense, dual-use goods and sensitive technologies, diplomats said, marking a new phase in the biggest confrontation between Moscow and the West since the Cold War.
The EU sanctions will initially last a year, but will be reviewed after three months, the diplomats said.
The measures will shut state-owned Russian banks out of European capital markets. which could affect European holders of Russian debt and financial services firms that do business there. Other sanction targets include the defense sector and sensitive technologies, including oil, but exclude the vital gas sector, on which Europe is heavily dependent.
Also Tuesday, Russia's Foreign Ministry said Foreign Minister Sergey Lavrov and U.S. Secretary of State John Kerry discussed by phone the situation in Ukraine and the Cold War-era arms control deal. Moscow said Lavrov urged Kerry to persuade the Ukrainian government to declare a cease-fire.
—By Reuters with AP and CNBC.com