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PBS Newshour

News Wrap: U.S. eases sanctions on Venezuelan oil

Season 2026 Episode 59 | 5m 54s

In our news wrap Wednesday, the U.S. is easing sanctions on Venezuela's state-owned oil company as it tries to tame the rise in oil prices brought on by the Iran war, the Federal Reserve expects to cut rates just once this year after leaving rates unchanged for a second-straight meeting and Pakistan and Afghanistan announced a temporary pause in cross-border fighting.

Major corporate funding for the PBS NewsHour is provided by Care.com, Consumer Cellular, and Fidelity. Funding for the PBS NewsHour Weekend is provided by Mutual of America. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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