President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.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
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
TransCanada said earlier in the day the U.S. Department of State had issued a presidential permit for the project.
Trump signed an executive order to advance the project, which will link Canadian oil sands to U.S. refiners, soon after taking office in January, saying it would create thousands of jobs.
Obama had said the pipeline would do nothing to reduce fuel prices for U.S. motorists and would contribute emissions linked to global warming.
A senior administration official told Reuters that Trump will make the announcement alongside TransCanada Chief Executive Russell Girling and Sean McGarvey, president of North America's Building Trades Unions.
"Our Government has always been supportive of the Keystone XL pipeline and we are pleased with the U.S. decision," a spokesman for Canada's minister of natural resources said.
"The importance of a common, continental energy market cannot be overstated," he added.
The move marks the beginning of lengthy process, which will involve getting approvals from state regulators. The project could also face legal challenges.
TransCanada tried for more than five years to build the 1,179-mile (1,897-km) pipeline, until Obama rejected it in 2015.
The company resubmitted its application for the project in January, after Trump signed the executive order smoothing its path.
Expedited approval of projects is part of Trump's approach for a 10-year, $1 trillion infrastructure package he promised on the campaign trail.
The multibillion-dollar pipeline would bring more than 800,000 barrels per day of heavy crude from Canada's oil sands in Alberta into Nebraska, linking to an existing pipeline network feeding U.S. refineries and ports along the Gulf of Mexico.
—CNBC contributed to this report.