Trump Signs Executive Order to Protect Venezuelan Oil Revenue from Seizure
9 hours agoPolitics
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Trump Signs Executive Order to Protect Venezuelan Oil Revenue from Seizure

President Donald Trump signed an executive order declaring a national emergency to protect Venezuelan oil revenue held in U.S. accounts from seizure by courts or creditors. The White House stated this action is crucial for U.S. national security and foreign policy, aiming to prevent undermining efforts to ensure economic and political stability in Venezuela. The order follows a meeting where Trump urged oil executives to invest in the country, despite their concerns about Venezuela's instability making it 'uninvestable' without reforms.

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