Latest Treasury Department’s Office of Foreign Assets Control (OFAC) News & Updates

Washington, June 12 (IANS) The United States imposed sanctions on Cuba’s state-owned oil and gas company, escalating pressure on Havana as the Trump administration accused the Communist government of using energy resources to sustain repression and enrich its leadership.Secretary of State Marco Rubio announced the designation of Union Cuba-Petroleo (CUPET), Cuba’s state-owned energy company, under President Donald Trump’s Executive Order 14404.”Like every resource on the island, energy has long …