Splash247 US Expands Sanctions on Cuban Oil Shipping Network
Article Content
- •Five Cuban tankers and two individuals sanctioned by the U.S. State Department.
- •Sanctions target companies in Cyprus, Panama, and Cuba linked to oil shipping.
- •Broader sanctions cover multiple sectors of the Cuban economy, increasing international exposure.
On November 6, 2026, the U.S. State Department announced expanded sanctions against Cuba's oil shipping network, targeting five tankers and two individuals linked to the regime. The sanctioned vessels include Esperanza, Gloria C, Maria Cristina, Emilia, and Lourdes, with connections to companies in Cyprus and Cuba. This action builds on previous sanctions against Caroil Transport Marine, which has been under U.S. restrictions since 2019. The sanctions also encompass eight companies involved in managing these vessels and extend to broader sectors of the Cuban economy, including manufacturing and technology. The U.S. Treasury's Office of Foreign Assets Control warned that foreign entities engaging with these sectors could face sanctions. The measures are designed to undermine the Cuban government's revenue and military support networks. Humanitarian trade, including food and medicine, remains exempt from these restrictions.
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