nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
$10 BILLION CITGO AUCTION COULD FINALLY END TWISTING SAGA OF VENEZEULAN EXPROPRIATION, IMPRISONED EXECS, AND A LONG-SHOT NYC MAYORAL CANDIDATE

https://s.yimg.com/ny/api/res/1.2/iHS1k.16Bgt6q3v9TAUd1Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/fortune_175/8d8b9ad4342fb34b8a3c8b91f7541656
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✍️  Citgo Petroleum, a Houston-based oil refiner, is up for auction to pay off creditors who lost assets when Venezuela's socialist government expropriated them. The auction has been ongoing for a decade and involves complex legal and geopolitical issues.
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👉 Citgo Petroleum is up for auction to pay off creditors who lost assets when Venezuela's socialist government expropriated them.
👉 The auction has been ongoing for a decade and involves complex legal and geopolitical issues.
👉 The bidders include activist investor group Elliott Investment Management, Canada-listed miner Gold Reserve, and special-purpose acquisition company Blue Water.
👉 The auction is expected to be completed in 2026, but the outcome is uncertain due to the complexity of the legal and geopolitical issues involved.

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#AlanGelder #HugoChavez #JosephHernandez #LeonardStark #KatherinePolkFailla #PaulRivett #PaulSinger #ZohranMamdani #Oklahoma #Houston #Venezuela #Canada #Louisiana #Texas #Illinois #NewYork #business
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