US Supreme Court allows ExxonMobil lawsuit on property seizure

The US Supreme Court has ruled that ExxonMobil can sue Cuban state-owned companies in US courts for assets seized after Fidel Castro’s rise to power. The 6-3 decision allows for lawsuits under the Helms-Burton Act, which removes sovereign immunity protections for Cuban entities. This ruling could increase pressure on Cuba amid ongoing US sanctions, as ExxonMobil seeks compensation for its confiscated property valued at approximately $3 billion.

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