US sanctions five Cuban entities, Castro family member in latest pressure campaign, Rubio says
The Treasury said the measures target Cuba’s key bank, a state steelmaker and Castro family member to cut revenue for Havana’s leadership.
- On Tuesday, the U.S. Treasury Department added Banco Financiero Internacional SA and GeoMinera SA to its sanctions blacklist, targeting Cuba's state-run banking and mining sectors to restrict regime funding.
- Secretary of State Marco Rubio said the entities generate "revenue for Cuba" through the "exploitation of the island's mineral and metal reserves," with firms operating under Grupo de Administración Empresarial SA , which commands nearly 40% of the economy.
- Michael Bustamante, a University of Miami professor, noted the designations signal to foreign investors that "for most of these companies, it's a bridge too far," as services to these entities risk exclusion from the U.S. financial system.
- Expanding the sanctions, the U.S. targeted Annalie Lilliam Rueda Cardero, the daughter-in-law of former President Raúl Castro and wife of General Alejandro Castro Espín, widening pressure against regime leadership.
- These measures continue a broader U.S. campaign that includes murder charges against Raúl Castro and blacklisting President Miguel Díaz-Canel, while the island of 10 million people faces severe economic strains amid a de facto oil blockade.
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US slaps new sanctions on Cuban companies key to island’s crumbling economy
SAN JUAN, Puerto Rico (AP) — The U.S. government on Tuesday hit Cuban state companies with new sanctions that analysts say are expected to spook foreign investors and deepen a severe economic crisis.
US Targets Cuba's 'Financial Muscle' With Tough New Sanctions On Steel, Banks, And Castro Inner Circle - Tampa Free Press
The United States government expanded its economic restrictions against Cuba today, blacklisting five entities and one individual accused of funding and
US sanctions five Cuban entities, Castro family member in latest pressure campaign, Rubio says
Secretary of State Marco Rubio announced a fresh round of sanctions on the Cuban regime on Tuesday.Rubio designated five entities generating revenue for the current Cuban regime, including three associated with the previously designated Grupo de Administración Empresarial S.A. (GAESA), and one member of the extended Castro family.
US Sanctions Key Cuban Bank, Miner in Fresh Blow to Havana
The US sanctioned the Cuban military’s international banking arm and a state-run company that’s partnered with Trafigura Group and other miners, in the latest escalation of pressure against Havana’s communist leadership.
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breakingthenews.netUS issues new Cuba-related sanctions
The United States issued new Cuba-related sanctions on Tuesday targeting one individual and several entities, according to details posted to the U.S. Treasury Department's website. ... -June 23, 2026 at 10:22 am EDT MarketScreener
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