US Supreme Court lets ExxonMobil pursue Cuba expropriation claim
The US Supreme Court has ruled that ExxonMobil can continue its case against Cuban state entities over assets expropriated after the Cuban Revolution. The decision revives a long-running dispute that had been stalled for years and sends it back to lower courts for further proceedings. It concerns property once controlled by Standard Oil, ExxonMobil's predecessor, including refineries, terminals and more than 100 petrol stations in Cuba.The court's ruling was approved by 6-3, with the six conservative justices in the majority and the three liberal justices dissenting. The judges said Cuba does not have sovereign immunity in this case under the... [Continue Reading]
360LiveNews | 23 Jun 2026 18:03 LONDON
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