U.S. says Cuba can't take Russian oil as two tankers head to island
CNBC • • general
Key Points:
- The U.S. Treasury Department has barred Cuba from receiving Russian crude oil, adding Cuba to a list of countries prohibited from transactions involving Russian petroleum products amid ongoing sanctions on Moscow.
- Despite the U.S. restrictions, two tankers carrying Russian oil and gas are reportedly en route to Cuba, which is facing severe fuel shortages and economic hardship under a U.S. oil blockade.
- One vessel, the Hong Kong-flagged Sea Horse, is suspected of engaging in deceptive shipping practices to evade sanctions, including turning off location transponders and lacking Western insurance.
- A second tanker, the Russian-flagged Anatoly Kolodkin, is also believed to be heading to Cuba with a large crude oil shipment, highlighting Russia's
