Citgo shares are affected by the ongoing refinement of US sanctions programs targeting Venezuelan entities.

The entities involved

• Citgo →

  oil company and gasoline retailer

  • Citgo is defending against claims in the District of Delaware while operating refineries in Corpus Christi, Texas, and Lemont, Illinois.Sun 08:09
  • A Delaware judge ordered the forced sale of Citgo, a Venezuelan subsidiary, which Chris Wright applauded.Sun 08:09
• Venezuela →

  Country in Latin America

  • The Organization of American States (OAS) is currently gathering to address and resolve political crises in several member states, including Haiti, Venezuela, Guatemala, and Nicaragua.Mon 13:11
  • Fundraising supports aid work in Venezuela.Mon 11:26

Related events

• Citgo is confirmed to be a subsidiary of Venezuela's national oil company.Sep 10
• Geopolitical tensions and sanctions are reported concerning Venezuela.Jun 25
• Diplomatic shifts involving Cuba and Venezuela, including T&T's foreign policy alignment, US actions regarding the ICC, and UN mandate extensions.Aug 2
• Trump administration applies sanctions and tariffs against Cuba. Oil shipments from Venezuela are targeted by new executive orders.Jun 22
• OFAC has created a new investment framework for Venezuelan assets, supported by the U.S. and involving Curaçao.Aug 31