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Saudi-backed Yemeni government forces clash with Yemen's Iran-aligned Houthis in a location given as near Al-Hazm

World Sep 11

Yemen's Iranian-backed Houthis seize an island in a key strait, opening a new front in the Iran war

By Fatma Khaled, Samy Magdy, Cara Anna, Associated Press

Economy Sep 05

FILE PHOTO: FILE PHOTO: FILE PHOTO: In Venezuelan oil region, industry reform sparks both hope and skepticism
U.S.-Venezuela oil deal won't reduce domestic gasoline prices anytime soon, experts say

Oil experts told PolitiFact gains for consumers will not materialize any time soon, and would likely take years — long after November’s midterm elections.

By Louis Jacobson, PolitiFact

World Sep 03

U.S. Energy Secretary Chris Wright visits Venezuela
Proud of their oil, Venezuelans view major U.S. stake in their reserves as a surrender

A troubled nation’s pride took a bruising last week when acting President Delcy Rodríguez agreed to give the United States control of roughly one-fifth of Venezuela’s oil reserves – the largest in the world.

By Regina Garcia Cano, Associated Press

Economy Sep 02

economy
Watch 5:07
Prolonged Iran war creating major dent in global economy, Cliff Kupchan says

To discuss the latest flare-up in the war with Iran and the impact on the global economy, Geoff Bennett spoke with Cliff Kupchan. He's chairman emeritus at the consulting company Eurasia Group and senior fellow at the think tank Center…

By Geoff Bennett, Dan Sagalyn

World Sep 02

FILE PHOTO: Traders work on the floor of the NYSE in New York
U.S. oil giant Chevron confirms it will expand operations in Venezuela

Oil giant Chevron confirmed that it will expand operations in Venezuela after President Donald Trump announced an ambitious deal to develop the nation’s oil reserves and give the Pentagon a stake in the profits.

By Michelle Chapman, Regina Garcia Cano, Associated Press

Sep 01

Chevron expected to expand oil operations in Venezuela, U.S. official says

By Aamer Madhani, Associated Press, Colin Brinkley, Associated press

Chevron is the second-largest U.S. oil company and the only one with a major presence in Venezuela.

Continue reading

Aug 31

Watch 6:52
Analyst breaks down challenges U.S. will face to unlock Venezuela's oil

By Nick Schifrin, Zeba Warsi

President Trump announced an unprecedented agreement in which the Pentagon would become an investor in a private company granted exclusive oil development rights in Venezuela. Nick Schifrin discussed the deal with Francisco Monaldi, director of the Latin America Energy Program…

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Aug 29

What we know about Trump's deal giving U.S. access to vast oil reserves in Venezuela

By Collin Binkley, Juan Pablo Arraez, Associated Press

The answers to questions such as how soon the reserves could be drilled and who will pay to make it happen were not immediately clear. No text of any agreement has been released.

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Aug 24

Watch 7:49
A look at the new U.S. sanctions on Iran and threats against its trading partners

By Nick Schifrin, Zeba Warsi, Dan Sagalyn

The U.S. launched what the Trump administration calls “Operation Economic Outcast” against Iran. It includes threats to increase sanctions on Iran’s trading partners. The pressure comes as the administration indicates it is trying to avoid returning to war, but cannot…

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Jul 23

Watch 3:15
Trump threatens 'major military punishment' after Houthi attacks on tankers in Red Sea

By Nick Schifrin, Dan Sagalyn

International oil prices topped $100 a barrel after Houthi rebels in Yemen claimed they attacked two oil tankers in the Red Sea, raising new fears of disruptions to global energy supplies. In response, President Trump warned that if the Houthis…

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Full Episode
Friday, Sep 18
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