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The Navy’s Supply Chain Struggle, and Trump’s Unusual Oil Deal in Venezuela

August 31, 2026

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5 min read

The Navy’s Supply Chain Struggle, and Trump’s Unusual Oil Deal in Venezuela

The U.S. military carried out its first attack against Iran in more than a month near the Strait of Hormuz, opening fire on Iranian rocket launchers that American forces said were preparing to disperse mines into the waterway. Iran retaliated by firing a barrage of missiles toward Jordan, where several thousand U.S. troops are stationed. One source told the Times all of the missiles were intercepted. While the back-and-forth appeared limited, it underscored how the U.S. is still struggling to secure the Strait of Hormuz, even as the Trump administration has been urging commercial vessels to make the journey with guidance from the U.S. Navy.

The Navy’s Supply Chain Crisis

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What you'll learn

  • 1 (00:00) **Episode Introduction & Host Welcome** - Will Jarvis introduces the podcast and the day’s top stories.
  • 2 (00:43) **U.S.-Iran Clashes at Sea** - American forces fire on Iranian rocket launchers near the Strait of Hormuz, and Iran retaliates with missiles toward Jordan.
  • 3 (01:29) **The Navy’s Supply Chain Crisis in the Middle East** - A deep dive into the logistical challenges of keeping the fleet operational, centered on the loss of a key base in Bahrain.
  • 4 (03:36) **Trump’s Unusual Oil Deal in Venezuela** - A new agreement gives the U.S. significant control over Venezuela’s oil reserves, sparking skepticism among Venezuelans.
  • 5 (06:38) **Deadly Flooding in Paul** - The death toll from a catastrophic flood rises above 900, with over 4,500 people still missing as recovery teams dig through devastation.
  • 6 (07:57) **NASA’s Roman Space Telescope Launches** - The $4.3 billion observatory begins its journey to study dark energy, dark matter, and billions of new galaxies.
  • 7 (09:49) **Episode Wrap-Up & Promos** - The host teases the next episode on The Daily and closes the show.

+ Full timestamped outline available in the app

Show Notes

Plus, a groundbreaking new space telescope.

Here’s what we’re covering:

Live Updates: U.S. and Iran Trade Fire for First Time in a Month, by Times reporters

Navy Carrier’s Problems Are Tied to Attacks on U.S. Base Early in War, by John Ismay

Trump Says U.S. Has Deal for Control of Large Share of Venezuela’s Oil, by Rebecca F. Elliott, Simon Romero and Edward Wong

‘A New Form of U.S. Colonialism’: Venezuelans Bristle at U.S. Oil Takeover, by Julie Turkewitz

Nepal Turns to Mass Burials as Thousands Remain Missing from Floods, by Sajal Pradhan and Mujib Mashal

NASA’s Roman Telescope Leaves Earth to Chart the Stars, by Katrina Miller

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