The U.S. Supreme Court justices declined on Monday to review a federal court’s ruling that had allowed Canadian miner Crystallex to take over shares of U.S. refiner Citgo in compensation for US$1.4 billion for the expropriation of assets in Venezuela. U.S. refiner Citgo is the crown jewel in the holdings of Venezuela’s state oil firm PDVSA, but the rejection of the Supreme Court to hear Venezuela’s arguments for appeal of the previous ruling could mean that Venezuela is now even closer to losing control over Citgo than before, according to Bloomberg . Citgo Petroleum Corp is one of the largest oil refineries in the United States. Its current operations are managed by two dueling boards of directors—one appointed by Nicolas Maduro and one appointed by Juan Guaidó—the opposition leader recognized as the legitimate president by the U.S. and 50 other countries – and both are digging in over the […]