Citgo, a US energy company, might get taken over by Russia’s state-owned oil company Rosneft. Citgo is now owned by a Venezuelan state-run oil company. However, this company has a Russian loan which it might not be able to pay back. As Citgo was used as collateral for the loan, the company could come into Russian hands.
Members of Congress and senators warned that it could become a big problem for US national security if Russia gets a hold of Citgo.
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