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Analysis: Why the US is interested in Venezuela’s oil

Venezuela is sitting on the biggest known oil reserve in the world - so why hasn't that translated into production, and why is the US so interested? CNN's Rafael Romo explains.

1:26 • Source: CNN
World News 11 videos
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Analysis: Why the US is interested in Venezuela’s oil
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<p>British painter David Hockney, whose vibrant portraits and sun-drenched depictions of the everyday made him one of contemporary art’s most beloved figures, has died at 88.</p><p>The artist died “peacefully at home” on Thursday, one month short of his 89th birthday, according to a statement provided to CNN by his longtime publicist Erica Bolton.</p>
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Celebrated British artist David Hockney dies at 88
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War will continue unless US respects Iran's interests, senior Iranian official tells CNN
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<p>Iranians are facing economic hardship, with hyper inflation, rampant unemployment and an uncertain future. CNN's Fred Pleitgen reports from Tehran. </p>
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