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
(Updates with 5-Star, PD clash over jobs)
ROME, Aug 27 (Reuters) - Talks between Italy's ruling 5-Star Movement and the opposition Democratic Party (PD) to form a new coalition government are at risk of failure over who should became the next interior minister, a PD spokesman said on Tuesday.
The anti-establishment 5-Star party and centre-left PD, traditional political enemies, are trying to forge a government after 5-Star's 14-month-old coalition with the right-wing League party broke down this month after months of infighting.
The PD spokesman accused 5-Star leader Luigi Di Maio of hindering talks with his request to serve as interior minister as well as deputy prime minister.
Shortly after, 5-Star sources said Di Maio had never demanded the interior ministry.
Late on Monday night, 5-Star and the PD had appeared close to a deal on forming a new Italian government, with the PD indicating it had dropped a veto on Giuseppe Conte serving another term as prime minister.
However, 5-Star called a halt to the talks on Tuesday in a statement that contrasted sharply with the previous day's apparent progress.
"Yesterday after four hours of talks, nothing was achieved," the statement said. "We cannot any longer work like this. Either the attitude changes or it's difficult. We will see the PD again when the party has given its OK to the reappointment of Conte."
Conte, who belongs to no party but is close to 5-Star, resigned last week after League leader Matteo Salvini declared the governing coalition was broken and called for snap elections.
On Monday Conte took part in a four-hour meeting with 5-Star leader Luigi Di Maio and PD chief Nicola Zingaretti. 5-Star complained late in the night that the PD had not yet unequivocally backed Conte to lead the new government.
PD said many details had still to be worked out.
PD and 5-Star were to have resumed talks at 0900 GMT, said the YouTrend, a digital magazine close to the PD.
The two parties are due to report back to President Sergio Mattarella on Wednesday. If they have not sealed a deal by then, Mattarella will name a caretaker government and call early elections. (Reporting by Giselda Vagnoni Editing by Mark Bendeich and Jon Boyle)