Developing storylines
the narratives behind the headlines
- •An analyst breaks down the significant challenges the U.S. will face in trying to unlock and develop Venezuela's oil fields.
- •The U.S. moves to take majority control of Venezuela's oil output via a 25-year-plus public-private deal tied to 65 billion barrels of proven reserves, projecting over $100 billion in private investm…

- •Bessent urges G20 nations to reevaluate trade terms with China to curb its $1.2 trillion export surplus and push Beijing toward domestic consumption.
- •Russia's finance minister, invited to the G20 meeting by President Trump, draws objections from other attendees.