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

The Journal.

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?

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Learn more about your ad choices. Visit megaphone.fm/adchoices

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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

2026-09-01 22 min
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