Cuban cigar sales in Spain slump as Chen Zhi sanctions bite

Spain, the world's second-largest market for Cuba's Habanos S.A., is experiencing a downturn in cigar sales attributed to sanctions against businessman Chen Zhi. The 'Chen Zhi effect' appears to be disrupting distribution or demand, though the exact mechanism remains unclear. This signals a tangible commercial impact of geopolitical sanctions on a key Cuban export market.