ICSID says Venezuela owes Exxon $1.6 billion

That’s what Bloomberg’s Nathan Crooks is reporting. Exxon was suing Venezuela for compensation stemming from Hugo Chávez’s forced nationalization of its assets. We’ll see how the market interprets this ruling.

That’s what Bloomberg’s Nathan Crooks is reporting.

Exxon was suing Venezuela for compensation stemming from Hugo Chávez’s forced nationalization of its assets. We’ll see how the market interprets this ruling.

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