Cupet
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US imposes sanctions on Cuba’s state oil company in latest pressure campaign
US imposes sanctions on Cuba’s state oil company in latest pressure campaign The announcement comes almost a week after the U.S. government sanctioned Cuban President Miguel Díaz-Canel - Bookmark - CommentsGo to comments The U.S. government has imposed sanctions on Cuba’s state-owned oil and gas company, Cupet, a move anticipated to escalate tensions between Washington and Havana. U.S. Secretary of State Marco Rubio asserted that key assets of Cupet were "unlawfully expropriated from...
US slaps sanctions on Cuba's oil and gas company, accusing it of weaponising energy
Cuba is already struggling under a decades-old embargo and a lack of petroleum as the US keeps pushing for a change in its economic and political model. The US government announced sanctions against Cuba’s state-owned oil and gas company on Thursday in a move expected to increase tensions between the two countries. US Secretary of State Marco Rubio asserted that key assets of the company, known as Cupet, were “unlawfully expropriated from American owners years ago.”