On May 7, 2026, an Executive Order was published in the Federal Register announcing additional sanctions on Cuba. 

The Executive Order gives the Secretaries of State and Treasury the authority to block property or interests in property of foreign persons found to engage in certain activities, including but not limited to:

• Operating or having operated in the energy, defense and related material, metals and mining, financial services, or security sectors of the Cuban economy;
• Being owned, controlled, or directed by, or to have acted or purported to act for or on behalf of, directly or indirectly, the Government of Cuba or any person whose property or interests in property are blocked pursuant to this order; and
• Having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, the Government of Cuba or any person whose property or interests in property are blocked pursuant to this order.

The Order also authorizes State and Treasury to extend the sanctions outlined to foreign financial institutions. 

The Executive Order can be found here: 
https://public-inspection.federalregister.gov/2026-09173.pdf