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Trump's oil strategy for Venezuela leaves Citgo auction in limbo
Reuters· 2026-01-09 21:47
Core Viewpoint - The U.S. administration is working on a $100 billion initiative to revitalize Venezuela's oil industry, but the future of Citgo Petroleum, a key asset, remains uncertain [1] Company Summary - Citgo Petroleum is identified as the crown jewel of Venezuela's foreign assets, highlighting its significance in the context of the country's oil industry [1]