Trump Needs a Win. Enter His Venezuela Oil Deal

Trump Needs a Win. Enter His Venezuela Oil Deal

From Big Take by Bloomberg and iHeartPodcasts

September 9, 2026 · 18 min

About this episode

The episode discusses President Trump's potential oil deal with Venezuela amidst rising oil prices and its implications for the US midterms.

Oil prices topped $100 per barrel on Wednesday, keeping gas prices and the Iran war at the center of the US midterms conversation. Can President Trump burnish his affordability credentials with what he’s calling “the biggest oil deal in world history”?   On today’s Big Take podcast, Bloomberg Opinion Energy columnist Liam Denning and Andes Bureau Chief Patricia Laya join David Gura to discuss what we know so far about the administration’s plan to take a stake in Venezuelan oil producer North American Blue Energy Partners — and what obstacles the deal could face. We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer. See omnystudio.com/listener for privacy information.

People in this episode

Host: David Gura

Guests: Liam Denning, Patricia Laya

Topics covered

  • oil prices
  • US midterms
  • Trump administration
  • Venezuela oil deal
  • energy policy

Keywords

  • Trump
  • Venezuela
  • oil deal
  • North American Blue Energy Partners
  • gas prices
  • midterms
  • energy policy
  • Liam Denning
  • Patricia Laya

Sponsors

Bloomberg

Mentioned in this episode

Organizations: Bloomberg, iHeartPodcasts, North American Blue Energy Partners

Places: Venezuela

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