US Sanctions Cuban State Oil Company

An old car drives past debris from a demolished house occupying part of the seaside promenade in the Centro Habana neighborhood, in Havana on June 9, 2026. (Photo by Pablo PORCIUNCULA / AFP)
An old car drives past debris from a demolished house occupying part of the seaside promenade in the Centro Habana neighborhood, in Havana on June 9, 2026. (Photo by Pablo PORCIUNCULA / AFP)
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US Sanctions Cuban State Oil Company

An old car drives past debris from a demolished house occupying part of the seaside promenade in the Centro Habana neighborhood, in Havana on June 9, 2026. (Photo by Pablo PORCIUNCULA / AFP)
An old car drives past debris from a demolished house occupying part of the seaside promenade in the Centro Habana neighborhood, in Havana on June 9, 2026. (Photo by Pablo PORCIUNCULA / AFP)

The United States issued sanctions against Cuban state oil company Unión Cuba-Petróleo (CUPET), the Treasury Department website showed on Thursday.

The action freezes any US assets of the ⁠company and generally bars ⁠Americans from dealing with it.

"Today, I am designating Cuba's state-owned oil and gas company Union Cuba-Petroleo (CUPET), key assets of which were unlawfully expropriated from American owners years ago," US Secretary of State Marco Rubio said in a statement.

Washington has imposed sanctions on an array of ⁠Cuban entities and people, including the island nation's president, as it seeks to intensify pressure on Cuba's communist leaders.

The sanctions follow the United States' declaration of a national emergency this ⁠year ⁠that would impose tariffs on any country that supplies oil to the island, a move that has resulted in frequent power outages.