January 7, 2026
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16:05Now PlayingYour morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) President Donald Trump said Venezuela would relinquish as much as 50 million barrels of oil to the US, worth roughly $2.8 billion at the current market price, announcing the cargoes would be sold with proceeds benefiting both countries.
(2) A small fleet of ships booked by Chevron Corp. is sailing to Venezuela as the company emerges as the only exporter of the country’s oil following the ouster of President Nicolas Maduro by US forces.
(3) President Donald Trump’s administration and Ukraine’s allies converged toward an agreement to offer security guarantees long sought by Kyiv during a Tuesday meeting of the so-called coalition of the willing.
(4) Tokyo officials rebuked Beijing over trading curbs that threaten to impact more than 40% of Chinese exports to Japan, escalating a dispute between Asia’s largest economies.
(5) Business groups representing UK pubs and hotels held talks on Tuesday with Treasury officials as they push for further tax discounts to alleviate the burden of changes made by Chancellor of the Exchequer Rachel Reeves in her budget in November.
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