OIL POWER SHIFT: US strikes MAJOR Venezuela oil deal - #NewVM #NewNewsupdates
Aug 31, 2026
Foreign policy expert Harley Lippman and Washington Institute senior fellow David Schenker discuss President Donald Trump’s oil deal with Venezuela and its global implications on ‘Fox News Live.’
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Video Summary
AI GeneratedExperts Harley Lipman and David Shanker discuss the strategic implications of the U.S. gaining control over Venezuela's oil reserves. They analyze how this shift weakens adversaries like China and Iran, enhances U.S. geopolitical leverage, and the long-term requirements for infrastructure rebuilding and economic stability in the region.