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Exxon Nears Venezuela Oil Field Investment

Wall Street Journal US Business •
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Exxon is nearing a preliminary deal to invest in Venezuela's oil fields, according to sources familiar with the matter. The potential investment represents a significant development in the company's global strategy amid shifting geopolitical dynamics in the region. The talks are in early stages and details remain fluid.

Separately, EU chief Ursula von der Leyen has revealed plans to curb children's access to social media, outlining new regulatory measures to protect young users online. In financial news, the Federal Reserve delivered its first rate hike in years, marking a pivotal moment in monetary policy adjustments.