U.S., Venezuela strike oil deal. And, the staggering hidden toll of U.S. heat deaths
The Trump administration has entered a partnership with a private Venezuelan company to develop oil reserves, aiming to lower gas prices. Meanwhile, rising tensions between the U.S. and Iran have led to military exchanges near the Strait of Hormuz.
Why it matters
These developments signal significant shifts in U.S. energy policy and foreign military engagement in the Middle East.
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The Trump administration announced a new U.S. partnership with the Venezuelan government to develop a significant portion of Venezuela's oil reserves. An official, who spoke to NPR on the condition of anonymity because they are not authorized to speak publicly about the deal, said that the U.S. government is forming a joint venture with a private Venezuelan company. According to the administration, the U.S. will receive 55% of the oil produced from this venture, which is estimated at approximately 65 billion barrels. President Trump says this deal will help lower gas prices, but energy experts are skeptical. Here's what you need to know .
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