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Trump Warns Economic Warfare For Aiding Iran, Federal Debt Grows, Venezuela Oil Deals

NPR· Aug 20, 2026· 13m 52s

President Trump is warning of economic consequences for any country that supports Iran as he tries to wind down the war, leaving Gulf allies worried about their future with their powerful neighbor. The U.S. national debt has topped 40 trillion dollars, with the government now spending more on interest than on defense and driving up the cost of everything from mortgages to small business loans. U.S. oil companies are signing deals in Venezuela for the first time in nearly two decades, eight month

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Trump Warns Economic Warfare For Aiding Iran, Federal Debt Grows, Venezuela Oil Deals

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  1. Welcome to the program. I'm your host.

    Welcome to the program. I'm your host.

    0:00
  2. Today we look at the major stories shaping the news cycle.

    Today we look at the major stories shaping the news cycle.

    0:04
  3. We start in Europe, where leaders met in Brussels.

    We start in Europe, where leaders met in Brussels.

    0:09
  4. The summit focused on energy policy and migration.

    The summit focused on energy policy and migration.

    0:14
  5. Reporting from the ground, our correspondent has more.

    Reporting from the ground, our correspondent has more.

    0:19
  6. Thank you. The mood here was tense but constructive.

    Thank you. The mood here was tense but constructive.

    0:24