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June 11, 2026

U.S. Sanctions Cuban Oil Company Cupet, Escalating Tensions with Havana

  • The U.S. has sanctioned Cuba's state-owned oil and gas company, Cupet, blocking its assets in the U.S.
  • Secretary of State Marco Rubio accused the Cuban government of mismanaging energy resources and using them for repression, asserting that Cupet's assets were unlawfully expropriated from American owners.
  • This action follows recent sanctions against Cuban President Miguel Díaz-Canel and reflects ongoing U.S. efforts to influence Cuba's political landscape.