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Inside the U.S. Deal to Get Venezuela’s Oil

Sep 1, 2026 · 22m 15s
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About this episode

President Trump called it “the biggest oil deal in world history.” After months of secretive negotiations there was a surprise announcement that the U.S. government was getting a direct stake in a private oil company in Venezuela. WSJ’s Vera Bergengruen reports on how the deal came together and the challenges facing what’s being billed as a big foreign policy win. Jessica Mendoza hosts. Further Listening: - Oil Companies Aren't Sold on Venezuela - Was Maduro’s Capture About Oil? Sign up for WSJ’s free What’s News newsletter . Learn more about your ad choices. Visit megaphone.fm/adchoices