US Sanctions Cuba's State-Run Oil and Gas Firm
The move targets Cuba’s fuel lifeline and could deepen blackouts as officials accuse the government of diverting energy to repression, the State Department said.
- On Thursday, U.S. Secretary of State Marco Rubio announced sanctions against Union Cuba-Petroleo , freezing its U.S. assets and prohibiting American transactions with the state-owned oil firm under Executive Order 14404.
- Rubio asserted that Cuba's Communist leaders weaponize energy as a "tool of social control," alleging the government diverts scarce fuel to security forces while regular citizens suffer shortages and blackouts.
- UN High Commissioner for Human Rights Volker Türk warned the sanctions cause "widespread harm" and "energy starvation," while expert William LeoGrande at American University suggested the move aims at "strangling the Cuban economy."
- Cuban officials rejected the allegations, blaming the decades-old U.S. embargo for the island's suffering, while analyst Ricardo Herrero said he was "genuinely vexed" by logistics complications for private fuel importers.
- The announcement followed a video conference between Chinese and Cuban officials discussing bilateral cooperation, signaling Washington's intent to counter deepening ties as part of intensified pressure on the regime.
93 Articles
93 Articles
US sanctions Cuban state oil company, adding obstacles for fuel imports
The United States issued sanctions against Cuban state oil company Union Cuba Petroleo (CUPET), the Treasury Department website showed on Thursday, adding more obstacles for the island's government to import much-needed fuel.
The US Targets the Oil Company That Keeps Cuba Running
Cuba · International Key Facts —The move. The United States imposed sanctions on Cuba’s state oil and gas company, known as CUPET. —The accusation. Washington says Havana weaponizes energy to fund repression and enrich its leaders. —The denial. Cuba’s government rejected the claims and condemned the measure. —The backdrop. The island is gripped by chronic […] The post The US Targets the Oil Company That Keeps Cuba Running appeared first on The R…
Cuba’s dictatorship has long been a threat to America. Now, it’s finally teetering
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The State Department sanctioned a Cuban company for hoarding fuel in order to resell it to private companies operating on the island
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