Trump signs executive order to protect Venezuelan oil revenues held in US accounts
Trump’s order blocks courts and creditors from seizing Venezuelan oil revenues held in U.S. Treasury accounts, citing a national security threat and aiming to support Venezuela's reconstruction.
- On January 10, 2026, US President Donald Trump signed an executive order declaring a national emergency to protect Venezuelan oil revenue held in US Treasury foreign government deposit accounts, placing the funds under special protection to prevent seizure by US courts and creditors.
- Invoking the 1977 International Emergency Economic Powers Act and the 1976 National Emergencies Act, President Donald Trump acted after a Friday meeting with oil industry executives and the capture of Nicolas Maduro.
- By name, the order blocks any attachment or garnishment against Foreign Government Deposit Funds, which the White House said are Venezuela's sovereign property held in US Treasury custody.
- During a Washington meeting with oil executives Friday, President Donald Trump urged major oil firms to invest $100 billion, and the White House said a deal could supply up to 50 million barrels to US refineries.
- Linking the measure to regional security, the White House said that `Loss of control over these revenues would empower malign actors like Iran and Hezbollah`, threatening US objectives.
172 Articles
172 Articles
Trump Blocks Legal Claims On Venezuelan Oil Funds Citing National Security
U.S. President Donald Trump has taken a significant step to protect Venezuelan oil revenue held in U.S. Treasury accounts by signing an executive order on Friday. This move comes amidst heightened tensions and recent developments in Venezuela. Trump Signs Executive Order Trump signed an executive order to prevent courts from seizing Venezuelan oil revenue, as reported by CNBC. The order underscores that these funds are “held solely for sovereign…
On Saturday, US President Donald Trump decreed a “national emergency” to protect in US Treasury accounts revenues from oil sales in Venezuela, which would prevent creditors of Venezuela’s foreign debt from claiming funds. The White House stated in a statement that “President Trump is preventing the seizure of revenues from Venezuelan oil that could undermine the critical efforts of the United States to guarantee Venezuela’s political and economi…
Donald Trump signs order to ‘protect’ Venezuelan oil revenue, says seizure could undermine US efforts in country
Donald Trump has issued an executive order to protect Venezuelan oil revenue from judicial proceedings, adding that such seizures could “undermine critical US efforts to ensure economic and political stability in Venezuela.”
Trump Blocks Creditors From Venezuelan Oil Money in US
President Trump has moved to shield Venezuelan oil proceeds held in the US from being tapped by creditors, issuing an executive order that declares a national emergency and designates the money as off-limits to private claims. The directive, signed Friday and announced Saturday, says revenue from Venezuelan oil sales kept...
Trump signs order blocking courts from seizing Venezuelan oil money
President Donald Trump signed an executive order on Friday blocking courts and creditors from seizing Venezuelan oil revenue that is currently being held in U.S. Treasury accounts. The order, titled “Safeguarding Venezuelan Oil Revenue for the Good of the American and Venezuelan People,” states that the oil money belongs to the Venezuelan government and is not the “property of any private party,” including major energy companies doing business w…
On Saturday, US President Donald Trump decreed a “national emergency” to protect Venezuela’s oil sales revenues in the U.S. Treasury accounts, which would prevent creditors of Venezuela’s foreign debt from claiming funds.
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