United States President Donald Trump has issued a new executive order which claims to “protect” Venezuelan oil revenue from being seized for judicial proceedings, AP reported. The order, made public on 9 January, states that the funds being seized for judicial proceedings could “undermine critical US efforts to ensure economic and political stability in Venezuela”, the report added. During the session, Donald Trump tried to assuage the concerns of the oil companies and said the executives would be dealing directly with the US, rather than the Venezuelan government. “I love the Venezuelan people, and am already making Venezuela rich and safe again,” Donald Trump, who is currently in southern Florida, wrote on his social media site on Saturday. Donald Trump, in the order, says the possibility that the oil revenues could be caught up in judicial proceedings constitutes an “unusual and extraordinary threat” to the US.

Source: Mint January 11, 2026 03:42 UTC