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Last Updated:January 12, 2026, 08:34 IST
Donald Trump called himself the 'Acting President of Venezuela' on Truth Social, just a day after issuing an executive order to ring-fence Venezuelan oil funds in the US.

US President Donald Trump at the White House. (Image Credit: Reuters)
In his latest post on Truth Social, US President Donald Trump referred to himself as the “Acting President of Venezuela." The post came only a day after Trump moved to tighten control over future Venezuelan oil sales by signing an executive order declaring a national emergency and protecting Venezuelan oil revenues held in the United States.
According to a White House fact sheet, the order blocks creditors from accessing these funds and prevents them from being seized to settle debts or legal claims. The administration said the aim is to keep the money intact so it can be used in line with US foreign policy priorities.
The emergency order states that the Venezuelan oil revenue held in foreign government deposit funds should be used in Venezuela to support “peace, prosperity and stability." It was signed on Friday, just days after US forces captured Venezuelan leader Nicolás Maduro in Caracas.
Several companies, including Exxon Mobil and ConocoPhillips, have long-standing claims against Venezuela after their assets were nationalised nearly two decades ago, and both are still owed billions of dollars
First Published:
January 12, 2026, 08:34 IST
News world Donald Trump Calls Himself 'Acting President of Venezuela' In Latest Truth Social Post
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