Supreme Court Takes Up Exxon Mobil's 60-Year-Old Cuba Compensation Case
The Supreme Court of the United States has agreed to review the long-standing case of Exxon Mobil against Cuba's state-owned holding company, Corporación Cimex. The case, known as Exxon v. Corporación Cimex, will be heard during the court's new term, as announced on October 3, 2025.
The dispute dates back to the Cuban Revolution in 1959, when Fidel Castro's government expropriated oil and gas assets owned by Exxon Mobil. The company has been seeking compensation for these seized assets ever since. The case has now reached the highest court in the land, with Exxon supported by the Trump administration in its pursuit of clarification on pursuing compensation.
Exxon alleges that Cuba has not provided adequate compensation for assets worth $70 million (in 1960 dollars). The Supreme Court's review could have significant implications for international law and the ongoing tensions between the United States and Cuba.
The Supreme Court's decision to review the case of Exxon v. Corporación Cimex signals a potential shift in the long-standing dispute between the United States and Cuba over seized assets. The court's ruling could set a precedent for future cases involving expropriated assets and international compensation.
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