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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.
Extras
Watch • 7:59
PBS News Hour
What the U.S.-Iran strikes mean for oil, maritime safety
What the latest U.S.-Iran strikes mean for oil supplies and maritime safety
Clip: S2026 E178 | 7:59
Watch • 3:46
PBS News Hour
U.S. and Iran trade strikes over Strait of Hormuz control
U.S. and Iran trade strikes for first time in weeks over Strait of Hormuz control
Clip: S2026 E178 | 3:46
Watch • 57:46
PBS News Hour
August 31, 2026 - PBS News Hour full episode
August 31, 2026 - PBS News Hour full episode
Episode: S2026 E178 | 57:46
Watch • 4:57
PBS News Hour
New telescope could help solve mysteries of dark energy
How NASA's new space telescope could help solve mysteries of dark energy and dark matter
Clip: S2026 E178 | 4:57
Watch • 6:18
PBS News Hour
Descendants of David Drake work to reclaim ancestor's art
Descendants of enslaved potter David Drake work to reclaim ancestor's art
Clip: S2026 E178 | 6:18
Watch • 2:26
PBS News Hour
Grand Canyon flash flood leaves 2 dead, others missing
Grand Canyon flash flood leaves 2 dead, others missing
Clip: S2026 E178 | 2:26
Watch • 6:30
PBS News Hour
AI agents going rogue fuel calls for regulation
Artificial intelligence agents going rogue fuel calls for regulation
Clip: S2026 E178 | 6:30
Watch • 5:40
PBS News Hour
News Wrap: SCOTUS allows ballroom construction to continue
News Wrap: Supreme Court allows Trump ballroom construction to continue amid challenges
Clip: S2026 E178 | 5:40
Watch • 8:00
PBS News Hour
Tamara Keith and Amy Walter on Trump's midterm influence
Tamara Keith and Amy Walter on Trump's midterm influence
Clip: S2026 E178 | 8:00
Watch • 5:27
PBS News Hour
Riley Downing finds poetry in overlooked corners of America
Riley Downing sings about the overlooked corners of American life in 'Landfill Poetry'
Clip: S2026 E177 | 5:27