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Episode details

World Service,05 Jan 2026,8 mins

US oil stocks jump

World Business Report

Available for over a year

Markets give their verdict on America's dramatic military intervention in Venezuela. Shares of US oil giants like Chevron and Exxon Mobil are soaring... after President Trump suggested they can play a lead role in restoring Venezuela’s oil industry But there's been criticism from China and Iran - traditional allies of Venezuela - and from Spain, which is home to an estimated 600,000 Venezuelans many who have fled the economic troubles in their home country. We speak to a former US ambassador to Venezuela, Patrick Duddy And – you may have heard of South Korea’s K-Pop phenomenon…we look at how K-Beauty is now taking centre stage. Presenter - Leanna Byrne Senior Producer - Craig Henderson

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