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 sector this year, spiked on 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
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 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
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
J.P. Morgan's chief quant says oil prices would start to hurt stock prices when they hit the $80 to $85 range.Market Insiderread more
Walmart said Monday it's relaunching the once-beloved trendy New York fashion brand, Scoop NYC, on its website nationwide and in select stores.Retailread 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
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
North Korea lambasted U.S. President Donald Trump for pulling out of the Paris climate agreement on Tuesday, warning that Washington's "America First" approach to diplomacy would have grave consequences for the international community.
"This is the height of egoism and moral vacuum seeking only their own well-being even at the cost of the entire planet and, at the same time, a short-sighted and silly decision ignorant of the fact that the protection of the global environment is in their own interests," Pyongyang's foreign ministry said in a statement, according to state news agency KCNA.
Speaking in the White House Rose Garden last week, Trump announced his intention to pull the U.S. out of the Paris climate agreement. He argued he would seek to begin fresh talks to re-enter the accord in search of a deal which would prevent "other leaders and other countries from laughing" at America.
While North Korea frequently issues scathing attacks on various aspects of U.S. policy, Trump has also faced intense condemnation for withdrawing from the climate accord by several other world leaders, governments and environmental organizations.
"The selfish act of the U.S. does not only have grave consequences for the international efforts to protect the environment, but poses great danger to other areas as well," Pyongyang's statement added.
The move has set the world's largest economy apart from almost every other nation. While North Korea has ratified the Paris climate accord, the U.S. is poised to join Syria and Nicaragua as the only countries who aren't signatories.
Nicaragua's government has criticized the Paris climate deal for not being stringent enough for the world's biggest polluters, while Syria has been embroiled in a civil war since 2011.
The Paris climate accord is designed to prevent global temperatures exceeding 2 degrees Celsius above pre-industrial levels. The landmark accord's 195 signatories, almost every country in the world, are required to create national plans to scale back on greenhouse gas emissions.
More than 20 years of climate diplomacy went into securing the Paris climate deal in 2015.