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
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
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
Attack on Saudi oil facilities shows that 'risk is real', Chevron CEO Michael Wirth said on CNBC's "Closing Bell" Monday.Marketsread 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
discuss trade@ (Adds White House comment)
NEW DELHI, Aug 19 (Reuters) - Indian Prime Minister Narendra Modi told U.S. President Donald Trump that he is hopeful that representatives from the two countries will meet again soon to discuss trade issues, the government said in a statement on Monday.
Modi expressed hope that India's commerce minister and the U.S. trade representative would meet soon to discuss bilateral trade prospects, the government said.
Washington confirmed the leaders had spoken on Monday. "The two leaders further discussed how they will continue to strengthen United States-India economic ties through increased trade, and they look forward to meeting again soon," the White House said.
U.S. and Indian trade negotiators ended talks in July without making major progress on a range of disputes over tariffs and other protectionist measures imposed by both sides that are straining bilateral ties, officials have told Reuters.
The two sides had resumed trade talks after Trump and Modi met on the sidelines of the G20 summit in June and agreed to seek to deepen the two countries' relationship.
Trump also stressed the need to reduce tensions between India and Pakistan, the White House said. India and Pakistan, neighbors and nuclear rivals, are embroiled in fresh tensions over Kashmir and Jammu. (Reporting by Aditi Shah; Additional reporting by Jeff Mason in Washington; Writing by Makini Brice; Editing by Hugh Lawson and Jonathan Oatis)