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
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread 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
WASHINGTON, May 30 (Reuters) - U.S. President Donald Trump praised the two most high-profile proponents of Britain's departure from the European Union on Thursday, ahead of his planned visit to London at a time of political turmoil following the resignation of Prime Minister Theresa May.
Trump told reporters he had great respect for British politicians Boris Johnson and Nigel Farage and considered them friends, but declined to say whether he supported either man to succeed May, who will step down on June 7.
"Nigel Farage is a friend of mine. Boris is a friend of mine," Trump told reporters as he left the White House to deliver a speech in Colorado. "I like them ... but I haven't thought about supporting them. Maybe it's not my business to support people, but I have a lot of respect for both of those men."
May announced her resignation a week ago after repeatedly failing to win approval for a deal under which Britain would leave the European Union.
Johnson, a former foreign minister seen as the favorite to replace May, has said Britain should be prepared to leave the bloc without a deal in order to force the EU to offer it better terms.
Farage, a bombastic anti-establishment campaigner, whose Brexit Party swept to victory in Britain's European Parliament election this week, has demanded a seat at negotiations over Britain's exit from the EU and has cast himself as a kingmaker in the race to succeed May.
Trump and first lady Melania Trump are scheduled to make a state visit on June 3 to Britain, where they will attend a banquet at Buckingham Palace with Queen Elizabeth and hold talks with May ahead of her departure from office.
Britain's relationship with the United States has been one of the enduring alliances of the past century, but some British voters see Trump as crude, volatile and opposed to their values on issues ranging from global warming to the treatment of women.
Campaigners have said they would hold large demonstrations during Trump's visit. Thousands of people protested when Trump visited Britain in 2018 and shocked its political establishment by giving a withering assessment of May's Brexit strategy.
(Reporting by Steve Holland; Writing by David Alexander; Editing by Bernadette Baum)