US sanctions 11 Cuban nickel and military entities, targets elite enrichment

The US Treasury imposed sanctions on 11 Cuban entities tied to nickel reserves and military enterprises, alleging they form a system enriching the elite at the expense of ordinary Cubans. The move tightens existing pressure on Havana but its immediate market impact is limited, though it could affect nickel supply chains if expanded. The claim is based on official US statements, with no independent corroboration yet.