Iran rules out talks as Trump blames Tehran for Saudi oil attack
Iran's supreme leader on Tuesday ruled out talks with Washington after President Donald Trump blamed Tehran for a crippling attack on Saudi Arabia's oil facilities.
Iran's supreme leader on Tuesday ruled out talks with Washington after President Donald Trump blamed Tehran for a crippling attack on Saudi Arabia's oil facilities.
U.S. stocks edged lower on Tuesday as a drop in oil prices weighed on the energy sector, while investors stayed away from making big bets ahead of the Federal Reserve's two-day policy meeting, where it is widely expected to cut interest rates.
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An attack on Saudi oil installations that halted half the kingdom's output could harm French diplomacy meant to avert feared U.S.-Iranian conflict, diplomats said after President Emmanuel Macron's top envoy held talks in Saudi Arabia.
Saudi Arabia has yet to brief fellow OPEC members and other energy sector players about how long it will take to restore the country's oil output, OPEC and industry sources said as Riyadh tries to assess damage from the weekend's crippling attacks.
Saudi Arabia's oil output will be fully restored quicker than thought following weekend attacks on production facilities, two sources briefed on developments said on Tuesday, taking two or three weeks not months as initial indications suggested.
U.S. House of Representatives Speaker Nancy Pelosi has requested a briefing for all House members on the Saudi Aramco attacks and Iran, a spokesman said on Tuesday.
Kuwait's foreign minister called on the country's armed forces to be on high alert and prepared to confront any incident that may destabilize the country's security, state news agency KUNA reported on Tuesday.
Mexico's government will uphold its pledge to keep fuel prices stable and has gasoline supplies secured despite attacks on Saudi oil sites, President Andres Manuel Lopez Obrador said on Tuesday.
U.S. manufacturing output increased more than expected in August, boosted by a surge in machinery and primary metals production, but the outlook for factories remains weak against the backdrop of trade tensions and slowing global economies.
Oil prices dropped sharply on Tuesday after a top Saudi Arabian source told Reuters production could be fully back on line within weeks, quicker than initially thought following weekend attacks that cut halved the kingdom's output.
Walmart Inc likely discriminated against 178 female workers by paying less or denying promotions or both because of their gender, the U.S. Equal Employment Opportunity Commission said in memos reviewed by The Wall Street Journal, the newspaper said on Tuesday.
Saudi Arabia sought to calm markets on Tuesday after an attack on its oil facilities, with sources in the kingdom saying output was recovering much more quickly than initially forecast and could be fully back in two or three weeks.
U.S. Vice President Mike Pence said on Tuesday the United States was evaluating evidence on the attacks on Saudi oil facilities and stands read to defend its interests and allies in the Middle East.
The Benetton family is set to replace the powerful head of Atlantia with an executive committee and co-opt a right-hand man to help steer the infrastructure group through fallout from a deadly bridge collapse, three sources said.