News Roundup and Comment

News Roundup and Comment

September 4, 2026 · 53 min

About this episode

This episode covers significant news headlines including U.S. involvement in Venezuela's oil industry, Iranian military actions, and tensions in the Middle East.

Below are headlines from the first quarter hour of this week's broadcast. There's much more to follow when you listen in, including response from listeners. --The Trump administration has confirmed that a new oil company will drill across more than a dozen oil fields in Venezuela and the administration will take a 35% equity stake in that new company. --Five energy companies have now signed deals with Venezuela to rapidly increase oil and gas drilling with some new wells expected to begin as soon as this week. --Iran attacked American military positions across the Middle East Wednesday after the U.S. carried out its largest strikes against the Islamic republic since July, raising fears that the six month conflict is returning to full scale, regional warfare. --Iranian hackers are relentlessly trying to get into U.S. critical infrastructure. --More than a half-dozen commissaries on military bases in the continental U.S. reported refrigeration outages this week. --Russia has been secretly helping Iran develop advanced supersonic cruise missiles capable of threatening U.S. aircraft carriers and other warships in the Middle East. --Tuesday, Israeli forces captured a senior Hamas…

People in this episode

Host: Jim Schneider

Topics covered

Mentioned in this episode

Organizations: Trump administration, Iran, U.S., Russia, Israel, Hamas

Places: Venezuela, Middle East, Gaza Strip

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