OFAC Guidance for Fuel Exports to Cuba's Private Sector
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The US is changing its sanctions architecture regarding Cuba, with new guidance from the Office of Foreign Assets Control (OFAC) related to fuel exports to Cuba's private sector. The new policy appears to allow the resale of Venezuelan oil to Cuba's private sector, although details of the guidance are not entirely clear. Some reports also mention updated general licenses for Venezuelan energy sector activities, but the full scope and implications of the changes are not uniformly reported.
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