Venezuelan interim President Delcy Rodriguez's administration is preparing to take over the boards of state oil firm PDVSA's U.S. subsidiaries, including Citgo Petroleum, according to four sources close to the situation. The move could exacerbate a competition within the company for control of the seventh-largest US.S., potentially exacerbating a tug of war between the Treasury and Citgo. If approved, the Treasury's Office of Foreign Assets Control (OFAC) would have to issue a specific license. The new board members are expected to be approved by Rodriguez, provided they are cleared by Washington. The State Department must also comply with the appointments and provide policy guidance to OFAC.