Politics1/10/2026•Bloomberg

Trump Signs Order to Firewall Venezuela Oil Revenue Held in US

Trump Signs Order to Firewall Venezuela Oil Revenue Held in US

President Donald Trump has signed an executive order declaring a national emergency and implementing measures to restrict access to Venezuelan oil revenue held in the United States. The order aims to prevent claims on this revenue, which the U.S. government has recognized as belonging to the Venezuelan opposition leader Juan Guaidó, who is challenging the legitimacy of President Nicolás Maduro's government. The move is part of the U.S. administration's ongoing efforts to exert pressure on the Maduro regime and support Guaidó's claim to the Venezuelan presidency. By controlling the flow of oil revenue, the U.S. hopes to further undermine Maduro's grip on power and bolster the opposition's ability to govern the country. The executive order represents the latest escalation in the political and economic crisis in Venezuela, as the U.S. continues to take unilateral action to reshape the country's leadership and economic landscape.

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