US designates Cuba’s state oil company CUPET and removes 2 from Russia list

12 June 2026

US designates Cuba’s state oil company CUPET and removes 2 from Russia listAzlan Stock/Shutterstock.com

The US Department of the Treasury's Office of Foreign Assets Control (OFAC) has added Cuba's state-owned oil and gas company to its Cuba sanctions list – press release. Unión Cuba-Petróleo (aka CUPET) was designated...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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