President Donald Trump has signed a significant executive order to safeguard Venezuelan oil revenue from seizure or judicial claims, marking a pivotal move in U.S. foreign policy.
The order is designed to protect oil revenue held in U.S. Treasury accounts, effectively blocking courts and creditors from impounding these vital funds.
Citing national security and foreign policy concerns, Trump emphasizes that this action is crucial for promoting political stability in Venezuela.
The executive order reflects broader U.S. efforts to intervene in Venezuela's political landscape, intertwining economic interests with international diplomacy.
This development underscores the escalating tensions surrounding Venezuela's oil resources amid ongoing political turmoil.
Multiple reports highlight the order's implications, signaling a notable chapter in U.S.-Venezuela relations and the global energy landscape.
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