diff --git a/Misc/NEWS.d/next/Library/2026-06-25-01-00-43.gh-issue-151763.wWeHBe.rst b/Misc/NEWS.d/next/Library/2026-06-25-01-00-43.gh-issue-151763.wWeHBe.rst
new file mode 100644
index 00000000000000..2f5e84027ad31b
--- /dev/null
+++ b/Misc/NEWS.d/next/Library/2026-06-25-01-00-43.gh-issue-151763.wWeHBe.rst
@@ -0,0 +1,2 @@
+Fix crash in :func:`!_interpqueues.create` whe :exc:`MemoryError`
+happens on queue creation.
diff --git a/Modules/_interpqueuesmodule.c b/Modules/_interpqueuesmodule.c
index 7a89e2f13a1c72..1bab83519546c5 100644
--- a/Modules/_interpqueuesmodule.c
+++ b/Modules/_interpqueuesmodule.c
@@ -1108,6 +1108,7 @@ queue_create(_queues *queues, Py_ssize_t maxsize, int fmt, int unboundop)
     }
     int64_t qid = _queues_add(queues, queue);
     if (qid < 0) {
+        queue->alive = 0;
         _queue_clear(queue);
         GLOBAL_FREE(queue);
     }