Energy in America

U.S. stocks moved sharply lower Monday on Wall Street and extended the market's slide into a second week as investors seek shelter from an escalating trade war between the U.S. and China.

___ China retaliates on tariffs, stock markets go into a slide BEIJING (AP) — Deepening its trade battle with the U.S. and sending financial markets spinning, China announced tariff hikes Monday on $60 billion of American goods in retaliation for President Donald Trump's latest penalties on Chinese products.

Saudi Arabia on Monday said two Saudi oil tankers were among vessels attacked off the coast of the United Arab Emirates. It was unclear how the attacks occurred.

The Latest on alleged sabotage of ships off the coast of the United Arab Emirates (all times local): 7:30 a.m.

Divisions between German Chancellor Angela Merkel and her coalition partners appear to be widening over plans for an ambitious law to curb greenhouse gas emissions.

Shares were mostly lower in Asia on Monday after trade talks between the U.S. and China wrapped up Friday without an agreement.

Officials say air monitoring hasn't raised health concerns as cleanup efforts continue following a collision at a busy commercial waterway near Houston involving four vessels that caused a toxic gasoline product to leak into the water.

A busy commercial waterway near Houston remains partially closed following a collision involving four vessels that caused a toxic gasoline product to leak into the water.

The fate of a shuttered General Motors plant in Ohio remains very much up in the air even after a tweet from President Donald Trump heralded the potential sale of a factory he has shown an intense interest in saving.

The Latest on the tariffs standoff between the United States and China as trade talks are underway in Washington (all times local): 12:40 p.m. China's government says it will take "necessary countermeasures" in response to President Donald Trump's latest tariff hike on Chinese imports but gave no details of possible retaliation.

An escalating trade war between the U.S. and China pushed stocks lower for a fifth straight day Friday on Wall Street and put the market on track for its worst week of the year.

___ US-China talks break up after US raises tariffs WASHINGTON (AP) — Trade talks between the U.S. and China have broken up with no agreement, hours after President Donald Trump more than doubled tariffs on $200 billion in Chinese imports.

North Dakota is preparing to sue the state of Washington over a new Washington law targeting oil shipped by rail.

Shares were mostly higher in Asia on Friday in volatile trading, with mainland Chinese stocks bouncing more than 3% as regulators apparently stepped in to support the markets.

U.S. stocks slumped with other markets around the world Thursday after China said it would retaliate if the U.S. follows through with a plan to raise tariffs on Chinese imports.

The federal government wants to reopen over 1.7 million acres (690,000 hectacres) in California to oil and gas drilling that includes fracking on land that has been off-limits since environmentalists sued in 2013.

Chevron won't increase its buyout offer for Anadarko, cutting short a potential bidding war with Occidental Petroleum.

U.S. demand for coal to generate electricity will continue its slide in coming months despite efforts by the Trump administration to prop up the struggling industry, federal officials said Thursday.

The Latest on bidding war for Anadarko Petroleum Corp. (all times local): 4:15 p.m. Anadarko says it has agreed to a buyout bid from Occidental Petroleum and will pay a $1 billion deal-termination fee to Chevron to end a rare bidding war in the oil patch.

The Latest on the European Union summit in Romania (all times local): 12:30 p.m. Cyprus President Nicos Anastasiades is seeking support from other European Union leaders at an informal summit in Romania against Turkey's bid to drill for hydrocarbons in waters where the Mediterranean island nation has exclusive economic rights.