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$10 billion Citgo auction could finally end twisting saga of Venezeulan expropriation, imprisoned execs, and a long-shot NYC mayoral candidate

Fortune•Friday, September 19, 2025 at 6:45:00 AM
NeutralFinancial Markets
$10 billion Citgo auction could finally end twisting saga of Venezeulan expropriation, imprisoned execs, and a long-shot NYC mayoral candidate
The upcoming $10 billion auction of Citgo could mark a significant turning point in the long-standing saga surrounding Venezuelan expropriation and the fate of imprisoned executives. With Citgo's extensive refining network and marketing deals at stake, this auction not only has financial implications but also reflects the ongoing political tensions in Venezuela. The outcome could influence the future of the company and its operations in the U.S., making it a pivotal moment for stakeholders involved.
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