The United States on Thursday announced sanctions against Cuba’s state-owned oil company Union Cuba-Petroleo (CUPET), increasing Washington’s pressure on the island nation’s energy sector.
“Today, I am designating Cuba’s state-owned oil and gas company Union Cuba-Petroleo (CUPET), key assets of which were unlawfully expropriated from American owners years ago,” US Secretary of State Marco Rubio said in a statement.
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