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Venezuela strikes to save Citgo from seizing



Venezuela has reached an agreement worth $ 1.4 billion to keep control of Citgo Petroleum Corp., the latest solution that keeps US crude oil derivatives fall into the hands of creditors.

The deal resolves legal action against the State Petroleos de Venezuela SA, who tried to overthrow the control of the Chilean, Venezuelan and US-based and a critical source of revenue from the dollar for the country in which it has money.

At …


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