Citgo auction involved Venezuelan sovereign assets, and Israel provided aid following a major earthquake.
1 report, 1 independent
Updated Aug 1
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What happened
Citgo auction involved Venezuelan sovereign assets, and Israel provided aid following a major earthquake.
Who's involved
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The entities involved
Related events
- Citgo is confirmed to be a subsidiary of Venezuela's national oil company.
- Caracas is seeking funds for post-earthquake recovery, holding gold bars while facing disputes over gold deposits and political recognition.
- Venezuela has taken control of the U.S. refining giant Citgo, while 31 tons of gold bars are held for talks amidst political opposition.
- Elliott Investment Management made a $5.9 billion bid for Citgo, while Maduro's regime seeks to reclaim the asset amid political opposition.