Rubio announces US sanctions on Cuban state-owned oil company

Secretary of State Marco Rubio announced sanctions against Cuba’s state-owned Union Cuba-Petroleo gas and oil company on Thursday as the Trump administration continues its pressure on the communist island nation. ​The sanctions block all property and interests in property between the United States and Union Cuba-Petroleo, and all dealings must be reported to the Treasury Department’s Office of Foreign Assets Control. Recommended Stories Trump says his sticking point on Iran deal is ensuring regime cannot ‘buy’ nuke US sanctions Cuban president as Trump turns up heat on island’s leadership Trump suffers defeat as four House Republicans back removing US from hostilities with Iran Rubio said he is authorized to impose sweeping sanctions against Union Cuba-Petroleo pursuant to executive order…

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