Sep 02 Watch 5:07 Prolonged Iran war creating major dent in global economy, Cliff Kupchan says By Geoff Bennett, Dan Sagalyn 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… Continue watching
Sep 02 U.S. oil giant Chevron confirms it will expand operations in Venezuela By Michelle Chapman, Regina Garcia Cano, Associated Press 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. Continue reading
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… Continue watching
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. Continue reading
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… Continue watching
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… Continue watching
Jul 23 Watch 5:58 Former U.S. diplomat breaks down Houthi attacks on Red Sea shipping By Amna Nawaz, Dan Sagalyn For perspective on the Houthis' efforts to block shipping in the Red Sea, Amna Nawaz spoke with Timothy Lenderking. During his decades-long career as a U.S. diplomat, he served as special envoy to Yemen and as acting assistant secretary for… Continue watching
Jul 05 7 OPEC+ countries agree to expand monthly oil production modestly as prices slide By Wyatte Grantham-Philips, Associated Press The Organization of the Petroleum Exporting Countries and its allies announced on Sunday that seven countries would expand oil production by a combined total of 188,000 barrels per day in August. Continue reading
Jun 25 Watch 8:22 U.S. moves to reassure Gulf allies after latest Strait of Hormuz shutdown By Nick Schifrin, Sonia Kopelev A U.S. official confirmed to PBS News that Iran fired a drone that hit a container ship in the Strait of Hormuz, and traffic through the strait has largely stopped. The strike came as Secretary of State Marco Rubio visited… Continue watching