Manila Times Business
US slaps sanctions against Cuban oil and gas company as tensions rise
SAN JUAN, Puerto Rico — The US government on Thursday announced sanctions against Cuba’s state-owned oil and gas company in a move expected to increase tensions between the two countries. US Secretary of State Marco Rubio asserted that key assets of the company, known as Cupet, were “unlawfully expropriated from American owners years ago.” He also accused Cuba’s government of weaponizing energy. “While the Cuban people have suffered fuel shortages and blackout
This is an excerpt. Read the full article at the original source:
Source: manilatimes.net
Read Full Article on manilatimes.net →More from Manila Times Business
Farmers & Merchants Bancorp (FMCB) Announces New Board Member
2h ago
Dallas-Area Industrial Property Receives $11.6 million C-PACE Financing for Data Center Conversion
2h ago
Genco Shipping & Trading Limited Board of Directors Provides Firm Commitments for Future Treatment of Shareholders Rights Agreement
2h ago
Weatherford Announces Results of Shareholder Meeting and Redomestication Proposals
2h ago