US sanctions Raúl Castro's grandson and Cuban state bank

The US Treasury imposed financial sanctions on Fidel Ernesto Castro Calis, grandson of former Cuban president Raúl Castro, and Banco Exterior Cuba, a state financial institution. This continues the US policy of targeting Cuban officials and entities, but the inclusion of a family member of the Castro dynasty marks a notable escalation in personal targeting. The move signals sustained US pressure on Cuba's financial sector and ruling elite, though its immediate market impact is limited.