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Trump urges US giants to fix Venezuela's oil sector
Financial Express Delhi
|January 11, 2026
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US PRESIDENT DONALD Trump has signed an executive order declaring a national emergency to safeguard Venezuelan oil revenue held in US Treasury accounts from attachment or judicial process, ensuring these funds are preserved to advance US foreign policy objectives.
The order blocks any attachment, judgment, decree, lien, execution, garnishment, or other judicial process against Foreign government deposit funds. These funds are defined as the Venezuelan oil revenues and diluent sales held in US Treasury accounts.
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