The U.S. has extended a Treasury license shielding CITGO Petroleum Corp from creditor actions until March 20, preserving its legal status amid ongoing debt disputes linked to Venezuela's state energy company. This extension prevents creditors from seizing CITGO's U.S. assets while negotiations and court rulings continue regarding Venezuela's sovereign debt. The move reflects the U.S. government's ongoing control over CITGO's legal situation during a time of shifting policy towards Venezuela.
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