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US hits Cuba with new sanctions as island’s crises multiply
Washington also blocked Banco Exterior de Cuba and four companies tied to energy and nickel operations, saying the measures target the Castro financial network.
- On Thursday, the United States imposed sanctions on Fidel Ernesto Castro, 31, grandson of former Cuban President Raúl Castro, and five state-run entities including Banco Exterior de Cuba across banking, energy, and mining sectors.
- Washington's latest measures build on a broader blockade on Cuban oil access since early this year, which has exacerbated an already weak power grid, causing repeated nationwide blackouts and limiting healthcare access, fueling U.N. warnings of a humanitarian crisis.
- Besides Banco Exterior de Cuba, Washington sanctioned four companies—Comercial CUPET, Abapet, Cexni, and Nicarotec—linked to energy and mining, systematically restricting financial channels for state-run industries supporting Cuban leadership.
- "These designations reflect President Trump's unwavering vision for a free Cuba," Secretary of State Marco Rubio said, as the administration penalizes top officials' families and state-run industries to exert pressure on the established power structure.
- Cuban authorities proposed opening key economic sectors to private industry in late July to survive sanctions, though these reforms face significant hurdles as new U.S. restrictions further constrain state entities necessary for economic transition.
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36 Articles
36 Articles
The U.S. Treasury Department imposed sanctions against Fidel Castro Calis, Raúl Castro’s grandson, and companies linked to the Cuban energy sector. They are accused of benefiting the regime.
Coverage Details
Total News Sources36
Leaning Left8Leaning Right7Center17Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 25%
C 53%
R 22%
Factuality
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