Chevron's big bet: Why its $7B Venezuelan oil investment makes sense

Chevron (CVX) will invest $7 billion in Venezuela over the next five years to double its crude oil (CL=F, BZ=F) production there. This comes just days after the US entered a major oil deal with Venezuela, buying up a large portion of the country's oil production rights. Morning Brief host Julie Hyman discusses the details with Politico senior reporter Sam Sutton and Semafor business reporter Rohan Goswami.