World Business Report - President Trump lays out plans for Venezuela's oil reserves.

Download President Trump lays out plans for Venezuela's oil reserves.

The US president, Donald Trump, has met top American energy executives in the White House, saying his government will choose which US firms can exploit Venezuela's vast oil reserves.

Also, Elon Musk's social media site X could face a UK ban over a feature enabling users to create fake, sexualised images of women.

And why the search for more protein and fibre means some takeaway food stores are feeling the pinch.

(PHOTO: A model of an oil pump is seen in front of a Venezuelan flag in this illustration taken January 9, 2026. Credit: REUTERS/Dado Ruvic/Illustration).

Presenter: Andrew Peach
Editor: Craig Henderson
Producer: Ahmed Adan

Published on Friday, 9th January 2026.

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