NEWYou can now listen to Fox News articles!
President Donald Trump has signed an executive order blocking U.S. courts from seizing Venezuelan oil revenues held in American Treasury accounts.
The order states that court action against the funds would undermine U.S. national security and foreign policy objectives.
BEHIND THE SCENES OF WHO IS ATTENDING TRUMP'S OIL EXECUTIVE MEETING AFTER MADURO OPERATION
President Donald Trump is pictured signing two executive orders on Sept. 19, 2025, establishing the "Trump Gold Card" and introducing a $100,000 fee for H-1B visas. He signed another executive order recently protecting oil revenue. (Andrew Harnik/Getty Images)
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
Trump signed the order on Friday, the same day that he met with nearly two dozen top oil and gas executives at the White House.
The president said American energy companies will invest $100 billion to rebuild Venezuela’s "rotting" oil infrastructure and push production to record levels following the capture of Venezuelan dictator Nicolás Maduro.
'WE BUILT VENEZUELA’S OIL INDUSTRY:' TRUMP VOWS US ENERGY RETURN AFTER MADURO'S CAPTURE
The U.S. has moved aggressively to take control of Venezuela’s oil future following the collapse of the Maduro regime.
This is a developing story. Please check back for updates.
Michael Dorgan is a writer for Fox News Digital and Fox Business.
You can send tips to [email protected] and follow him on Twitter @M_Dorgan.
