World Business Report, United States signs oil deal with Venezuela

World Business Report

United States signs oil deal with Venezuela

2 September 2026

Available for 29 days

A controversial oil deal gives the United States control of more than a fifth of Venezuela’s reserves.

Plus, could Kenya be running short of milk?

And thousands of US sailors deployed to the Strait of Hormuz reach dry land, after a record stretch at sea.

Presenter: Bisi Adebayo

Producers: Victoriya Holland and Huma Shah

Editor: Naomi Rainey