US Targets Cuban Elites, State Bank, and Resource Firms in New Sanctions
Washington moves against Raul Castro's grandson, a state-owned bank, and several mining and energy companies.
TL;DR
- 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.