Citgo on the Brink: Court Ruling Threatens Venezuelan Asset
Update: 2025-09-18
Description
Citgo at Risk: A U.S. judge just validated PDVSA's 2020 bonds, intensifying the battle for control of Citgo, Venezuela's prized U.S. oil refiner. With creditors circling, a Delaware court paused proceedings to assess the impact, leaving Venezuela's financial future hanging in the balance.
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