Venezuela Must Pay $1B ExxonMobil Award, Judge Rules

By Caroline Simson ( September 29, 2025, 10:21 PM EDT) -- A D.C. federal judge enforced a $1 billion arbitral award against Venezuela in a dispute with three Exxon Mobil affiliates, saying the interim government's argument that the tribunal wrongly allowed the illegitimate government of president Nicolás Maduro to argue the case is foreclosed under D.C. Circuit precedent....

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