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PBS News Hour

News Wrap: U.S. eases sanctions on Venezuelan oil

Season 2026 Episode 59 | 5m 54s

In our news wrap Wednesday, the U.S. is easing sanctions on Venezuela's state-owned oil company as it tries to tame the rise in oil prices brought on by the Iran war, the Federal Reserve expects to cut rates just once this year after leaving rates unchanged for a second-straight meeting and Pakistan and Afghanistan announced a temporary pause in cross-border fighting.

Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer Cellular and Cunard Cruise Line. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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Cuba’s economic and energy crisis worsens as Trump threatens action
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Migrants in Lebanon displaced again as Mideast conflict escalates
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Mullin grilled on past remarks in tense DHS confirmation hearing
Clip: S2026 E59 | 4:34
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Lawmakers press U.S. intelligence officials on Iran war as new strikes jolt oil markets
Clip: S2026 E59 | 5:01
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