Event Brief
Oct 16, 2026 at 6:12 AM ET
U.S. sanctions Cuba's BICSA bank over Iran ties
By The BriefBrief
The United States blacklisted Cuba's BICSA bank on Oct. 15, saying it had served Iran's Karafarin Bank since 2022. Havana called the move collective punishment. Separate UPI reporting described fresh Iran-related sanctions blacklisting an Iraq-based bank.
WHO: The United States
WHAT: The United States blacklisted Cuba's BICSA bank.
WHEN: Oct 15, 2026
WHERE: Cuba
WHY: The United States blacklisted the bank for serving Iran's Karafarin Bank since 2022.
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