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World News

Exclusive: Russia, Venezuela discuss Citgo collateral deal to avoid U.S. sanctions - sources

CARACAS/HOUSTON (Reuters) - Russia's top oil producer Rosneft is negotiating to swap its collateral in Venezuelan-owned, U.S.-based refiner Citgo for oilfield stakes and a fuel supply deal - a move to avoid complications from U.S. sanctions, two sources with knowledge of the negotiations told Reuters.
Reuters - 20 Jul 2017 @ 20:41 GMT

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