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

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

Sep 1, 2026 · 22 min

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…