Trump Issues Executive Order Protecting Venezuelan Oil Revenue in US Treasury Accounts

PermabullPete · 2026-01-10T19:20:09+00:00

President Trump signed an executive order to protect Venezuelan oil revenue in US Treasury accounts from legal seizure, reinforcing US foreign policy goals and regional stability. It aims to counter drug trafficking and limit foreign influence.

PermabullPete

2026-01-10 19:20:09

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Source: CryptoBriefing Original Title: Trump issues executive order to reinforce control over Venezuelan oil proceeds Original Link:

Overview

President Donald Trump on Saturday signed an executive order protecting Venezuelan oil revenue held in US Treasury accounts from legal seizure or attachment.

The order supersedes prior directives and limits any dealings in the accounts without government authorization, maintaining revenues as sovereign assets of Venezuela, according to the administration.

Key Details

Strategic Rationale

According to the White House, allowing the funds to be seized would undermine US foreign policy goals and regional stability. The administration stated the action was part of a wider strategy to:

Counter drug trafficking
Reduce illegal immigration
Limit the influence of hostile foreign actors
Reinforce diplomatic and security objectives in the region

Legal Framework

The executive order blocks judicial processes against Venezuelan oil funds in US Treasury accounts, effectively protecting these assets from legal claims while maintaining them as sovereign Venezuelan assets under US government oversight.

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