U.S. Imposes New Fine for Trading with Cuba

‘The fine was levied on National Oilwell Varco, and its subsidiaries Dreco Energy Ser­vices and NOV Elmar, by the Treasury Department’s Office of Foreign Assets Control, as part of U.S. government efforts to enforce the blockade
On November 14, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) imposed a fine of 5,976,028 USD on the U.S. based multinational National Oilwell Varco and its subsidiaries Dreco Energy Ser­vices and NOV Elmar.’
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