The US sanctioned GAESA, Cuba's military-run conglomerate, under EO 14404, indirectly targeting state oil company CUPET through the OFAC 50% rule.

The US sanctioned GAESA, Cuba's military-run conglomerate, under EO 14404, indirectly targeting state oil company CUPET through the OFAC 50% rule.

The US sanctioned Cuba's state oil company and military-linked GAESA under Executive Order 14404, introducing secondary sanctions amid 22-hour daily