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
Tennessee Republican Bob Corker sparred with President Donald Trump on Sunday, with the president blaming the GOP senator for a controversial deal with Iran, while implying Corker actively pursued both a re-election endorsement and a top ranking cabinet post.
Trump and Corker were once allies, but tensions between the two have risen in recent months, amid a series of policy and personal differences that have spilled into the open.
In a series of tweets, Trump said that he declined to endorse Corker's re-election campaign or consider Corker for Secretary of State, blaming him for "the horrendous Iran Deal." Corker announced last month that he would not seek re-election because he wanted to be able to perform his public service independently for the remainder of his term.
"Bob Corker gave us the Iran Deal, & that's about it," Trump tweeted on Sunday. "We need health care, we need tax cuts/reform [and] we need people that can get the job done!"
Corker blasted the White House in response, tweeting that it had become an "adult day care center" and deriding that someone "missed their shift."
While Trump distanced himself from Corker's political ambitions on Sunday, a report in the Associated Press earlier last month indicated that Trump had actually encouraged Corker to run again. (The White House declined to comment to the AP at that time).
Corker, like Trump, has roots as an entrepreneur in the construction and real estate industry. He is chair of the Senate Foreign Relations Committee, and a member of the Banking Committee and the Budget Committee. In the weeks following Trump's general election victory, Corker was floated as a potential Secretary of State, a position that ultimately went to Rex Tillerson.
Last week, Corker said Tillerson was "in an incredibly frustrating place" where he "ends up not being supported in the way that I hope a secretary of state would be supported," according to Reuters. Tillerson has reportedly disparaged Trump in private, and is under intense scrutiny as foreign policy challenges and a rift appears to develop between the president and America's top diplomat.
Corker publicly slammed a version of Obama-era nuclear agreement in 2015. But reports from Politico and others suggested that the Tennessee senator was involved in a complex and delicate set of negotiations with Democrats.
Corker and Trump have locked horns before. Corker was among those who criticized Trump after his response to a white nationalist rally in Virginia earlier this year. (Trump called Corker's criticisms "strange.")
The latest exchange between Trump and Corker comes as Congress faces a daunting task of tax reform, after the high-profile failure of Obamacare reform. Corker has stated he cannot support tax legislation that adds to the annual federal deficit, even though Trump's plan could do so, according to some estimates.
—Reuters and CNBC's Jacob Pramuk contributed to this report.