United States President Donald J. Trump has declared a national emergency to protect Venezuelan oil revenues held in U.S. financial institutions, signing an executive order designed to prevent courts and private creditors from seizing the funds.

The White House described the move as a critical step in safeguarding U.S. foreign policy and national security interests, amid ongoing instability in Venezuela and rising tensions over its political and economic crisis.

At the signing ceremony, President Trump emphasized that protecting the funds is essential to maintaining progress in regional stability and supporting the Venezuelan people.

He urged American and international companies to invest in rebuilding Venezuela’s oil sector while assuring them of legal safeguards and long-term protections.

Key Highlights:

• Trump invokes National Emergencies Act and International Emergency Economic Powers Act.

• Venezuelan oil revenues in U.S. accounts declared sovereign assets, immune from private claims.

• Executive order blocks judicial attachment, liens, garnishments, or other legal actions against the funds.

• Administration links move to U.S. efforts to stabilize Venezuela and protect energy resources.

• Encourages $100 billion investment in Venezuelan oil infrastructure, but industry leaders remain cautious.

• Analysts warn of potential diplomatic tensions and international scrutiny.

Background:

The declaration follows years of political turmoil in Venezuela under President Nicolás Maduro, and rising U.S. involvement in the country’s energy and financial affairs.

The executive order is intended to prevent legal challenges from undermining oil revenues that are pivotal to both U.S. strategic interests and Venezuelan economic recovery.

Observers say the move underscores Washington’s intent to assert greater control over Latin America’s energy resources, while balancing geopolitical considerations and regional stability efforts.