Here’s the play: Trump forced embargos on Venezuela oil that made Venezuela-owned CITGO refineries designed to refine Venezuelan oil unprofitable. US Courts forced sale of CITGO assets, Singer swooped in and bought them for $5.9billion, a third of its $18billion value (oil refineries are very expensive to build). 2 months later, Trump attacks Venezuela, removes Maduro and Venezuelan oil is legal again. Presto! Instant profit in billions!!!

In November 2025, less than two months before Trump’s operation to take over Venezuela, Singer’s investment firm, Elliott Investment Management, inked a highly fortuitous deal.

It purchased Citgo, the US-based subsidiary of Venezuela’s state-owned oil company, for $5.9 billion—a sale that was forced by a Delaware court after Venezuela defaulted on its bond payments.

The court-appointed special master who forced the sale, Robert Pincus, is a member of the board of directors for the American Israel Public Affairs Committee (AIPAC).

Elliott Management hailed the court order requiring the sale in a press release, saying it was “backed by a group of strategic US energy investors.”

Singer acquired the Citgo’s three massive coastal refineries, 43 oil terminals, and more than 4,000 gas stations at a “major discount” because of its distressed status. Advisers to the court overseeing the sale estimated its value at $11-13 billion, while the Venezuelan government estimated it at $18 billion.

Trying to imagine the outcry if this had been done by a Russian firm on Ukrainian assets or a Chinese court on Taiwanese property.

Is any major US news agency covering this as a story, I wonder?

Someone created an account on polymarket in mid-December and made exactly 4 bets predicting military action and results between US and Venezuela/Maduro by the end of January totaling $36k and was able to cash out nearly half a million dollars because of it.

https://www.cbsnews.com/news/polymarket-maduro-capture-bet-400000/