pdvsa paid conoco phillips and the company seized most of pdvsa 's assets. >> it is an odd case betweenrdered conoco court that they go to the caribbean and try to seize assets to make for the money. alix: how do you season asset? an asset? you seeize >> it is not much different than in the u.s. , and they sees whatever is in their storage in the can sell it to make up for revenues. it takes time to do it but there is moving and they are being serious. alix: what is the broader indication of this? >> this is an opec member. oil production has a red collapse. if this is a bigger issue, you could see more sanctions from the united states into venezuela, it could affect global supply. they will export less, so that could be an impact in the oil price market. alix: do not only look at iran but also venezuela. thank you. now let's get into the three charts, three traits of the week. in washington, we have the latest numbers. the first report to give you 2019 inventories. let's kick it off with corn. >> when you look at what is happening with corn, the world surplus became in behind analyst e

the jump fueled in part by the latest troubles of venezuelan state run oil company pdvsa.word of the upcoming iran deal decision. that's it from cnbc. first in business worldwide. now back to "mtp daily." >>> president trump tweeted today that he will announce his decision on whether or not to stay in the iran nuclear deal tomorrow afternoon. the president has repeatedly criticized the deal and threatened to pull out of it. and the lobbying efforts on both sides are in full force right now. it's not just european allies trying to save the sail deal. the boston globe first reported that former secretary of state john kerry has been quietly meeting with foreign leaders to discuss how to save the deal he helped craft. speaking of undercover campaigns, both "the new yorker" and the observer in the uk report that an israeli private intelligence firm spied on former obama administration aides involved in the iran deal in an attempt to discredit them. the observer reported that aides to president trump hired the firm. the firm denies those claims. a source told "the new yorker" t