US EditionTrump signs order to protect Venezuela oil revenue held in US accounts
The executive order protects $2.5 billion in Venezuelan oil revenue in U.S. accounts to support Venezuela's stability and U.S. policy, blocking creditor seizures indefinitely.
- 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.
215 Articles
215 Articles
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Trump declares national emergency to shield Venezuelan oil cash
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