Pentagon in Talks With Venezuelan Mogul on Oil Deal

The Pentagon is discussing an arrangement with Venezuelan mogul Alejandro Betancourt as part of a broader push tied to President Trump's goal of tapping Venezuela's large oil reserves. The reported deal would aim to help jump-start Venezuelan production, which has improved somewhat but remains constrained by caution from companies considering returning to the country. Eric Martin has exclusive reporting on the late edition of Bloomberg’s “Balance of Power.” (Source: Bloomberg)