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Trump signs order to protect Venezuela oil revenue held in US accounts

January 10, 2026

President Donald Trump has signed an executive order blocking U.S. courts from seizing Venezuelan oil revenues held in American Treasury accounts. The order, “Safeguarding Venezuelan Oil Revenue for the Good of the American and Venezuelan People,” states that any attempt through the courts to seize the funds would pose an “unusual and extraordinary threat” to U.S. national security and foreign policy. It also states that the funds remain...

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