Trump Blocks Seizure of Venezuela's Oil Revenue in US Accounts

• US President Donald Trump signed an executive order to protect Venezuelan oil revenue held in US accounts.
• The order declares a national emergency, safeguarding funds from creditors and preventing seizure for debts.
• The White House states the goal is to preserve funds for US foreign policy objectives and promote peace, prosperity, and stability in Venezuela.
• The order blocks judicial processes against these Foreign Government Deposit Funds, which are considered sovereign property.
• Trump cited the International Emergency Economic Powers Act and National Emergencies Act as legal justification.

Why It Matters: Trump's executive order protects Venezuelan oil revenue in US accounts from creditors to advance US policy.