Sunday, 11 January 2026

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Trump moves to block courts from seizing Venezuelan oil revenue in US accounts

 Published: 11:38, 11 January 2026

Trump moves to block courts from seizing Venezuelan oil revenue in US accounts

US President Donald Trump signed an executive order aimed at blocking courts or creditors from impounding revenue tied to the sale of Venezuelan oil held in US Treasury accounts, the White House said on Saturday.

The emergency order said the revenue, held in foreign government deposit funds, should be used in Venezuela to help create "peace, prosperity and stability." The order was signed on Friday, less than a week after US forces captured Venezuelan leader Nicolas Maduro in Caracas.

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