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Venezuela oil deal: who wins?

BBC World Service· Sep 2, 2026· 47m 28s

Washington and Caracas have signed an agreement which gives a US-led company rights over Venezuelan oilfields amounting to about a fifth of the country's reserves. Also in the programme: growing discontent in Spain at the government's handling of the sudden arrival of tens of thousands of migrants in Ceuta, a Spanish territory in North Africa; and as the British Museum launches its exhibition of the Bayeux Tapestry, why does it still speak to us almost a millennium after it was made? (Photo: Ven

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Venezuela oil deal: who wins?

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Sample transcript — click Live captions above to run Whisper on the actual audio in your browser.
  1. Welcome to the program. I'm your host.

    Welcome to the program. I'm your host.

    0:00
  2. Today we look at the major stories shaping the news cycle.

    Today we look at the major stories shaping the news cycle.

    0:04
  3. We start in Europe, where leaders met in Brussels.

    We start in Europe, where leaders met in Brussels.

    0:09
  4. The summit focused on energy policy and migration.

    The summit focused on energy policy and migration.

    0:14
  5. Reporting from the ground, our correspondent has more.

    Reporting from the ground, our correspondent has more.

    0:19
  6. Thank you. The mood here was tense but constructive.

    Thank you. The mood here was tense but constructive.

    0:24