Trump Issues Executive Order to Safeguard Venezuelan Oil Revenue

On Saturday, President Donald Trump signed an executive order aimed at safeguarding the financial proceeds from Venezuelan oil sales that are deposited in U.S. treasury accounts, in a bid to prevent any legal claims or attempts to seize these funds.

The White House stated that this measure is intended to support ongoing U.S. efforts to promote economic and political stability in Venezuela, emphasizing that any seizure of these revenues could undermine these initiatives.

This action is part of the broader U.S. strategy to address the Venezuelan crisis through financial and legal mechanisms, seeking to alleviate pressures on the Venezuelan economy while ensuring that revenues align with U.S. interests in the region.