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PBS News Hour

Challenges the U.S. will face to unlock Venezuela's oil

Season 2026 Episode 178 | 6m 52s

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 for the Baker Institute at Rice University.

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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