Trump signs order blocking courts from seizing Venezuelan oil revenues

President Donald Trump has signed an govt order banning US courts from seizing Venezuelan oil revenues from US Treasury accounts.

The order, titled “Safeguarding Venezuelan Oil Revenues for the Good of the American and Venezuelan Individuals,” states that any try by the courtroom to grab the funds would pose an “uncommon and extraordinary menace” to U.S. nationwide safety and international coverage.

It additionally states that the funds stay the sovereign property of Venezuela and are usually not belongings obtainable to non-public collectors or bailiffs.

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President Donald Trump is pictured signing two govt orders on September 19, 2025, establishing the “Trump Gold Card” and implementing a $100,000 price for H-1B visas. He lately signed an govt order to guard oil revenues. (Andrew Harnik/Getty Photos)

The order says the USA will maintain the funds “solely in a governmental and governmental capability,” and never as a industrial participant.

It was enacted to forestall personal collectors from utilizing U.S. courts to grab the funds earlier than the federal government has decided how they are going to be used.

The cash is held in U.S. Treasury accounts on behalf of the Venezuelan authorities and its state oil firm Petroleos de Venezuela, SA, and comes from oil gross sales and associated transactions.

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A Petroleos de Venezuela SA (PDVSA) oil pump screw at Lake Maracaibo in Cabimas, Zulia State, Venezuela, on November 17, 2023. (Gabby Oraa/Bloomberg/Getty Photos)

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Trump signed the order Friday, the identical day he met with practically two dozen prime oil and gasoline business officers on the White Home.

The president stated American vitality firms will accomplish that Invest $100 billion in reconstruction Venezuela’s ‘rotting’ oil infrastructure and manufacturing to document ranges following the arrest of Venezuelan dictator Nicolás Maduro.

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U.S. oil firm executives look on throughout a gathering with President Donald Trump within the East Room of the White Home in Washington, DC on January 9, 2026. (SAUL LOEB/AFP through Getty Photos)

The US has moved aggressively to take management of Venezuela’s oil future following the collapse of the Maduro regime.

Trump has framed the efforts as a part of a broader effort to reform Venezuela’s oil business after the collapse of the Maduro regime, with U.S. firms anticipated to play a central function.