U.S. imposes more sanctions on Cuba’s socialist dictatorship, targets state-owned entity importing oil from Venezuela
July 4, 2019 by Alberto de la Cruz
Babalu BlogThe Treasury Department announced on Wednesday it is imposing new sanctions on Cuba’s socialist dictatorship in an effort to cut off support to the Castro regime’s puppet dictatorship in Venezuela. The sanctions target the Cuban state-owned entity importing Venezuelan oil in exchange for military and intelligence support for Venezuela’s Maduro dictatorship.
Via
Voice of America News:
The U.S. is sanctioning a Cuban business for importing Venezuelan oil as part of America’s ongoing effort to force the South American country’s president, Nicolas Maduro, from power.
The United States Treasury is targeting Cuban oil company Cubametales for its continued support of the Venezuelan government, according to a press release Wednesday from the department’s Office of Foreign Assets Control.
The sanctions on Cubametales “will disrupt Maduro’s attempts to use Venezuela’s oil as a bargaining tool to help his supporters purchase protection from Cuba,†Treasury Secretary Steven Mnuchin said in the press release. ...
