World Business Report
World Business Report
BBC World Service
United States signs oil deal with Venezuela
8 minutes Posted Sep 2, 2026 at 3:18 pm.
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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