Economy Politics Country 2025-12-03T04:18:40+00:00

Venezuela Calls Citgo Sale 'Forcible'

Venezuela condemns a US court's decision to approve the sale of Citgo to pay off state debt, calling it a "forced sale".


Venezuela Calls Citgo Sale 'Forcible'

Caracas has condemned what it considers the "forced sale" of Citgo, Venezuela's largest foreign asset, after a US court approved the deal to pay off the country's debt.

Venezuela stated that the sale of the oil company Citgo is a "forced sale." This decision was made by a US court to settle the country's debts.

"This is a forced sale," the Venezuelan authorities said in a statement. "We do not agree with this decision."