US Targets Cuban Elites, State Bank, and Resource Firms in New Sanctions

U.S. Secretary of State Marco Rubio has imposed new sanctions on five Cuban entities and one individual, targeting key financial channels and control over metals, mining, and energy sectors. The sanctioned individuals include a grandson of Raúl Castro, alongside a state bank and four companies involved in natural resources and energy. These actions are a response to the Communist Cuban regime’s perceived threat to U.S. national security and hemispheric stability, according to Rubio.

• New U.S. sanctions placed on five Cuban entities and one individual.
• Targets are key to the regime’s financial channels and control over metals, mining, and energy.
• Sanctioned individuals include a grandson of Raúl Castro.
• A state bank and four companies in natural resources/energy sector are on the list.
• Action stems from U.S. President Donald Trump’s Executive Order 14404.
• Sanctions aim to counter the Cuban regime’s control of the economy for elite benefit.