The US imposed sanctions on Cuba's state-owned oil company, escalating pressure on Havana's government.
Key facts
- •The US imposed sanctions on Cuba's state-owned oil and gas company, Union Cuba-Petroleo.
- •The sanctions target a sector central to Cuba's worsening energy crisis.
- •The move was announced by US Secretary of State Marco Rubio under Executive Order 14404.
- •The designation blocks CUPET's property and interests under US jurisdiction.
- •Chinese and Cuban officials discussed bilateral cooperation and party ties in a video conference.
- •Liu Haixing and Emilio Lozada Garcia led the talks between the two countries.
The Trump administration imposed sanctions on Cuba's state-owned oil and gas company, Union Cuba-Petroleo, on Thursday. The move targets a sector central to Cuba's worsening energy crisis. This came hours after Chinese and Cuban officials discussed bilateral cooperation and party ties.
Sanctions Details
The sanctions were announced by US Secretary of State Marco Rubio under Executive Order 14404, signed by US President Donald Trump in May. The designation blocks CUPET's property and interests under US jurisdiction and raises the risk of sanctions for foreign companies engaging in certain transactions with the company.
China-Cuba Relations
The sanctions came after senior Chinese and Cuban officials held a video conference to discuss bilateral cooperation and party-to-party ties. Liu Haixing, head of the International Department of the Chinese Communist Party's Central Committee, and Emilio Lozada Garcia, head of the International Relations Department of Cuba's Communist Party, exchanged views on implementing agreements and expanding inter-party exchanges.
This article was independently rewritten by ManyPress editorial AI from reporting originally published by South China Morning Post.
