President Trump announced an unprecedented agreement in which the Pentagon would become an investor in a private company granted exclusive oil development rights in Venezuela. Nick Schifrin discussed the deal with Francisco Monaldi, director of the Latin America Energy Program for the Baker Institute at Rice University.

This week in Gaza, the ceasefire between Israel and Hamas is again under strain. Continued Israeli strikes drew criticism from the head of the U.S.-backed Board of Peace. Even the simple joy of flying a kite sparked fear on both sides of the border. Nick Schifrin has a look at ordinary life in Gaza under still extraordinary circumstances.

The U.S. launched what the Trump administration calls "Operation Economic Outcast" against Iran. It includes threats to increase sanctions on Iran's trading partners. The pressure comes as the administration indicates it is trying to avoid returning to war, but cannot overcome Iran's stranglehold over the Strait of Hormuz. Nick Schifrin discussed more with Miad Maleki.