{"id":71058,"date":"2026-08-28T13:08:16","date_gmt":"2026-08-28T17:08:16","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-venezuela-oil-strategy-and-persistent-inflation-warnings\/71058\/"},"modified":"2026-08-28T13:08:16","modified_gmt":"2026-08-28T17:08:16","slug":"global-markets-react-to-trumps-venezuela-oil-strategy-and-persistent-inflation-warnings","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-venezuela-oil-strategy-and-persistent-inflation-warnings\/71058\/","title":{"rendered":"Global Markets React to Trump\u2019s Venezuela Oil Strategy and Persistent Inflation Warnings"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_86 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-venezuela-oil-strategy-and-persistent-inflation-warnings\/71058\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-venezuela-oil-strategy-and-persistent-inflation-warnings\/71058\/#US_Eyes_Historic_Stake_in_Venezuelan_Oil\" >U.S. Eyes Historic Stake in Venezuelan Oil<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-venezuela-oil-strategy-and-persistent-inflation-warnings\/71058\/#Feds_Goolsbee_Maintains_Hawkish_Stance_on_Inflation\" >Fed\u2019s Goolsbee Maintains Hawkish Stance on Inflation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-venezuela-oil-strategy-and-persistent-inflation-warnings\/71058\/#Tech_AI_Anthropic_Nabs_Mega-Deal_Lambda_Raises_1B\" >Tech &amp; AI: Anthropic Nabs Mega-Deal; Lambda Raises $1B<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-venezuela-oil-strategy-and-persistent-inflation-warnings\/71058\/#Commodity_and_Currency_Volatility\" >Commodity and Currency Volatility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-venezuela-oil-strategy-and-persistent-inflation-warnings\/71058\/#Trump_Establishes_National_Space_Academy\" >Trump Establishes National Space Academy<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>The U.S. is negotiating long-term contracts for one-third of Venezuela\u2019s oil reserves<\/strong>, potentially securing access to <strong>90 billion barrels<\/strong> of crude across <strong>17 oil fields<\/strong>.<\/li>\n<li><strong>Chicago Fed President Austan Goolsbee warned that inflation is &quot;lasting longer than anticipated,&quot;<\/strong> signaling a hawkish tone as the Federal Reserve remains focused on demand-driven price pressures.<\/li>\n<li><strong>Anthropic secured a massive $45 billion cloud compute deal with Nscale<\/strong>, taking over a West Virginia data center site that Google (<a href=\"\/stock\/GOOGL\">GOOGL<\/a>) and <a href=\"https:\/\/stockmarketwatch.com\/stock\/MSFT\" data-internallinksmanager029f6b8e52c=\"18\" title=\"Stock: MSFT\">Microsoft<\/a> (<a href=\"\/stock\/MSFT\">MSFT<\/a>) had previously considered.<\/li>\n<li><strong>Wheat prices surged 13% this week<\/strong>, hitting a fresh three-year high of <strong>$7.88 a bushel<\/strong> due to escalating Russia-Ukraine tensions in the Black Sea region.<\/li>\n<li><strong>The Japanese yen weakened past the 160 per dollar level<\/strong>, increasing the likelihood of further market intervention by Japanese authorities.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"US_Eyes_Historic_Stake_in_Venezuelan_Oil\"><\/span>U.S. Eyes Historic Stake in Venezuelan Oil<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Trump administration is reportedly nearing a deal to secure long-term access to a significant portion of <strong>Venezuela\u2019s oil reserves<\/strong>. According to reports from <em>The Washington Post<\/em>, the plan involves the U.S. taking direct control of approximately <strong>90 billion barrels<\/strong> of crude through contracts covering <strong>17 different oil fields<\/strong>.<\/p>\n<p>This &quot;America First&quot; energy strategy aims to bypass logistical hurdles and security risks that have historically deterred private investment in the region. The deal, which could involve <strong>leases lasting up to 100 years<\/strong>, would see U.S. companies modernizing infrastructure to guarantee supply for American refineries.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Feds_Goolsbee_Maintains_Hawkish_Stance_on_Inflation\"><\/span>Fed\u2019s Goolsbee Maintains Hawkish Stance on Inflation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Federal Reserve Bank of Chicago President <strong>Austan Goolsbee<\/strong> expressed concern on Friday regarding the persistence of inflationary pressures. Speaking on the sidelines of the Jackson Hole symposium, Goolsbee noted that while some readings have been benign, the <strong>&quot;inflation-side&quot; of the dual mandate<\/strong> remains the primary concern.<\/p>\n<p>Goolsbee emphasized that inflation driven by high demand is proving <strong>&quot;challenging to fix&quot;<\/strong> and stated he has no firm view on the number of rate meetings required to address the issue. His comments align with a broader sentiment among central bankers that the U.S. is not yet &quot;out of the woods&quot; regarding price stability.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tech_AI_Anthropic_Nabs_Mega-Deal_Lambda_Raises_1B\"><\/span>Tech &amp; AI: Anthropic Nabs Mega-Deal; Lambda Raises $1B<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In the rapidly evolving AI infrastructure sector, <strong>Anthropic<\/strong> has reportedly signed a <strong>$45 billion six-year deal<\/strong> with <strong>Nscale<\/strong> for compute capacity at a West Virginia data center. The deal is notable as both Google (<a href=\"\/stock\/GOOGL\">GOOGL<\/a>) and <a href=\"https:\/\/stockmarketwatch.com\/stock\/MSFT\" data-internallinksmanager029f6b8e52c=\"18\" title=\"Stock: MSFT\">Microsoft<\/a> (<a href=\"\/stock\/MSFT\">MSFT<\/a>) were previously in talks for the same site before walking away.<\/p>\n<p>Simultaneously, <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a>-backed <strong>Lambda<\/strong> secured <strong>$1 billion in private debt<\/strong> to finance the acquisition of <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) GPUs. This capital, arranged by <strong>JPMorgan<\/strong>, will fund infrastructure to be leased by <a href=\"https:\/\/stockmarketwatch.com\/stock\/MSFT\" data-internallinksmanager029f6b8e52c=\"18\" title=\"Stock: MSFT\">Microsoft<\/a> (<a href=\"\/stock\/MSFT\">MSFT<\/a>), highlighting the massive private credit flows currently powering the AI revolution.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Commodity_and_Currency_Volatility\"><\/span>Commodity and Currency Volatility<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Geopolitical tensions continue to roil commodity markets, with <strong>wheat futures<\/strong> posting their biggest weekly gain since 2022. Escalating conflict in the Black Sea has disrupted roughly a quarter of global shipments, pushing prices to <strong>$7.88 a bushel<\/strong>.<\/p>\n<p>In currency markets, the <strong>Japanese yen<\/strong> fell beyond <strong>160 per dollar<\/strong> for the first time since late July. The move follows hawkish signals from U.S. Fed officials, which have bolstered the dollar and put renewed pressure on Japanese fiscal authorities to intervene in the foreign exchange market.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Trump_Establishes_National_Space_Academy\"><\/span>Trump Establishes National Space Academy<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>President Trump signed an executive order today to establish a new <strong>National Space Academy<\/strong>, aimed at supporting both the military and the commercial space flight industry. The President stated that the academy will be a cornerstone of U.S. space superiority, with a location for the facility to be selected soon. The initiative is expected to integrate <strong>military intelligence<\/strong> more deeply into space exploration and commercial logistics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways The U.S. is negotiating long-term contracts for one-third of Venezuela\u2019s oil reserves, potentially securing access to 90 billion 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