Trump Takes Action to Protect Venezuelan Oil Revenue in the U.S.
TL;DR Summary
President Trump signed an executive order to prevent courts and creditors from seizing Venezuelan oil revenue held in U.S. accounts, citing national security and foreign policy concerns, amid efforts to stabilize Venezuela's economy and attract U.S. investment in its oil sector.
- Trump seeks to stop courts, creditors from seizing Venezuelan oil revenue in the U.S. CNBC
- Trump declares national emergency to shield Venezuelan oil cash Axios
- Exxon CEO calls Venezuela ‘uninvestable’ without ‘significant changes’ The Washington Post
- January 9, 2025: Trump meets with US execs about plans to overhaul Venezuela oil industry CNN
- Trump moves to block courts from seizing Venezuelan oil revenue in US accounts Reuters
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