Trump administration extends Citgo creditor protections through Nov. 5
Treasury’s Office of Foreign Assets Control extended government protections shielding Citgo Petroleum from Venezuela’s creditors through Nov. 5, following protections in place since 2019.
The Treasury Department on Wednesday extended government protections shielding Citgo Petroleum from Venezuela's creditors until November. The department's Office of Foreign Asset Control on Monday issued an order extending the protections through Nov. 5. The safeguards have been in place since 2019.