The Treasury Department has extended Citgo's protection from a court-ordered sale to Elliott Management six times since January, leaving the fate of the Houston refiner and its Venezuelan parent company in limbo as the Trump administration weighs geopolitical leverage against a …
Trump Administration Delays Citgo Sale to Elliott Management as Venezuela Talks Continue
The Treasury Department has extended Citgo's protection from a court-ordered sale to Elliott Management six times since January, leaving the fate of the Houston refiner and its Venezuelan parent company in limbo as the Trump administration weighs geopolitical leverage against a $9 billion creditor payout.
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