Venezuela’s Oil Flow to the U.S. 1/7/26

CNBC’s Eamon Javers and Brian Sullivan report on the flow of Venezuelan oil to the United States. Venezuela will give the U.S. sanctioned oil indefinitely, that oil will be sold to American oil companies, and the proceeds will be held in American banks until the President determines it can be returned to Venezuela. The other geopolitical headline today: the future of Greenland. While the State Department and President Trump have issued slightly different statements on the prospect of acquiring the country from Denmark, questions about implications for NATO remain. Plus, after MSNow Senior Political and National reporter Jacob Soboroff covered the LA fires last year, he wrote “Firestorm: The Great Los Angeles Fires and America’s New Age of Disaster.” He shares details of the devastation, the road to rebuilding LA, and his personal stake in the community that was impacted. Eamon Javers - 2:55 Brian Sullivan - 13:51 Jacob Soboroff - 29:19 In this episode: Eamon Javers, @eamonjavers Brian Sullivan, @SullyCNBC Jacob Soboroff, @jacobsoboroff Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY