US extends Citgo’s protection from creditors for three more months

This post was originally published on this siteThe US Treasury Department’s Office of Foreign Assets Control (OFAC) on Wednesday extended a license that protects Venezuela-owned Citgo Petroleum from creditors trying recoup debts, Reuters reports. The OFAC extended the Houston-based oil refiner’s general license until 20 July, preventing bondholders and other creditors from seizing billions of

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