President Donald Trump has signed an executive order aimed at protecting revenue from Venezuelan oil sales that is being held in United States Treasury accounts from being seized through lawsuits or court actions.
The order declares the funds to be sovereign assets of Venezuela that are being held by the US in a custodial capacity, meaning they cannot be claimed by private creditors or attached through legal judgments.
The move comes as the United States works to manage Venezuela’s energy assets and support economic stability following recent political changes in the country. The directive is designed to ensure that the oil revenue is preserved for government and diplomatic purposes rather than being diverted through litigation.
Trump said the action is tied to US national security and foreign policy interests and coincides with discussions about rebuilding Venezuela’s oil and gas sector with the involvement of American energy companies.
Under the order, the oil proceeds will remain under US control and protected from legal claims as efforts continue to shape Venezuela’s future economic and political direction.