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Fresh US Sanctions Hit Cuba’s Fuel Sector and a Castro Grandson

Source: Bloomberg

Sanctions & Export ControlsGeopolitics & WarTrade Policy & Supply Chain

The US expanded its Cuba blacklist, adding a fuel wholesaler, a development bank, and a mining-services company, plus one of Raúl Castro’s grandsons, as it increases pressure on the island. The move signals tighter US enforcement against entities tied to Cuba’s economy and can raise compliance and operating risks for firms exposed to Cuba-linked fuel, development finance, and mining services.

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