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sanctions · severity 3/5

US targets Cuba oil giant as China and Havana deepen party ties

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The Trump administration on Thursday imposed sanctions on Cuba’s state-owned oil and gas company, escalating pressure on Havana’s communist government and targeting a sector central to the island’s worsening energy crisis. The move came hours after senior Chinese and Cuban officials held a video conference to discuss bilateral cooperation and party-to-party ties. According to statements released by Chinese and Cuban officials, the talks involved Liu Haixing, head of the International Department.

TickersUSChannelsoil_gas, stocksCountrieschina, asia, usaCategoriesoil-gas
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Published
6/11/2026, 7:57:56 PM
Fetched
6/11/2026, 9:07:37 PM
Confidence
60 / 100
Relevance
59 / 100
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Language
en