US sanctions five Cuban tankers in fresh crackdown on oil shipping networks

AI Summary

The US has sanctioned five tankers, eight companies, and two individuals accused of supporting Cuba’s oil shipping network. The measures target entities in Cyprus, Panama, and Havana and are intended to restrict revenue to the Cuban government and military.

Washington has widened its sanctions campaign against Cuba’s oil shipping network, identifying five tankers as blocked property and targeting companies in Cyprus, Panama and Havana involved in managing the vessels. The US State Department announced the measures yesterday, designating eight companies and two individuals under an executive order targeting the Cuban government’s revenue and military …