President Trump has declared a national emergency to block courts and creditors from accessing Venezuelan oil revenues held by the US Treasury. The move is framed as a strategic effort to protect US interests and prevent hostile actors from gaining control of the funds.
Posts tagged as “oil sanctions”
President Donald Trump warned Cuba that all oil and money will be cut off unless the communist regime agrees to a deal with the United States. The threat follows the ousting of Venezuela’s Nicolás Maduro and renewed pressure on Havana’s role in propping up regional dictatorships.
President Trump revealed that Venezuela will hand over millions of barrels of sanctioned oil to U.S. control. The move tightens oversight of Caracas while sidelining China and Russia.