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Big Oil’s Complicated Calculus for Investing in Venezuela

The industry has long prioritized projects with quick and reliable payback. Trump is pushing for a return to risk.

Mr. Carney Goes to Beijing

HomeWorldIran’s Supreme Leader, Unbending Over Time

Iran’s Supreme Leader, Unbending Over Time

Ayatollah Ali Khamenei has built his 37-year rule on uncompromising repression. His answer to the current protests is no different.