Trump Takes Bold Steps to Protect Venezuelan Oil Revenue

1 min read
Source: Axios
Trump Takes Bold Steps to Protect Venezuelan Oil Revenue
Photo: Axios
TL;DR Summary

President Trump declared a national emergency to protect Venezuelan oil revenue held by the U.S. from seizure by private creditors, citing national security and regional stability concerns, and plans to manage Venezuelan oil sales and revenue indefinitely to counter malign actors and stabilize Venezuela.

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