President Donald Trump took another step toward controlling future sales of Venezuelan oil and its proceeds by declaring a national emergency and issuing a directive meant to block claims on the revenue.
President Donald Trump took another step toward controlling future sales of Venezuelan oil and its proceeds by declaring a national emergency and issuing a directive meant to block claims on the revenue.
US President Donald Trump during a meeting with oil executives in the East Room of the White House in Washington, DC, US, on Friday, Jan. 9, 2026. Major US oil executives expressed caution about President Donald Trump's push for them to spend at least $100 billion to rebuild Venezuela, with the head of Exxon Mobil Corp. calling the nation currently "uninvestable."
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