US sanctions Cuba’s state-owned oil, gas company
Summary
The U.S. State Department announced new sanctions against Cuba’s state-owned oil and gas company, Unión Cuba-Petróleo (CUPET). These sanctions are part of President Donald Trump’s plan to increase pressure on Cuba’s government.Key Facts
- The U.S. is sanctioning CUPET, Cuba’s national oil and gas company.
- The announcement was made by the U.S. State Department.
- Secretary of State Marco Rubio explained that the sanctions follow President Trump’s executive order from May 1.
- The executive order allows sanctions against Cuban government officials and related organizations.
- These actions come amid rising tensions between the U.S. and Cuba.
- The goal is to limit Cuba’s government resources by targeting its energy sector.
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