US Strengthens Control Over Venezuelan Oil Revenue

US Strengthens Control Over Venezuelan Oil Revenue

Sona Osmanova · Siyasət ·

U.S. President Donald Trump has signed an executive order preventing the seizure of revenues generated from Venezuelan oil sales by U.S. courts and creditors. The decision covers approximately $2.5 billion held in U.S. Treasury accounts and is justified by a national emergency mechanism.

Editorial information states that, according to the official explanation, the aforementioned funds are considered Venezuelan property and are being temporarily held by the U.S. for intergovernmental and diplomatic purposes. It is reported that the seizure of these funds could weaken U.S. efforts aimed at ensuring economic and political stability in Venezuela.

Statements emphasize that after the capture of Venezuelan President Nicolás Maduro, Washington maintains control over the country's oil revenues as a strategic lever. This approach also serves to prevent claims from major energy companies demanding billions of dollars due to past nationalizations.

According to information, the U.S. administration plans to manage Venezuelan oil sales and revenues in the long term. These funds are intended as a tool to influence the formation of a future government, and the goal is to open up opportunities for U.S. energy companies when appropriate conditions arise.