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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>By Jan WolfeMon, February 23, 2026 at 12:02 PM GMT+1 3 min readBy Jan WolfeFeb 23 (Reuters) - The U.S. Supreme Court will consider on Monday the scope of a law that lets American companies seek compensation for property seized by Cuba in cases involving ExxonMobil and cruise operators being argued at a ‌time when President Donald Trump's administration is ramping up pressure on the Cuban government.The court will hear back-to-back arguments in ‌two cases involving a 1996 U.S. law called the Helms-Burton Act, which permitted lawsuits in U.S. courts against anyone who "traffics" in property confiscated by Cuba's communist government after the ​1959 revolution that brought Fidel Castro to power.In one of the cases, Exxon is seeking more than $1 billion in compensation from Cuban state-owned entities for the energy major's oil and gas assets seized by Cuba's government in 1960.The other case involves whether four cruise operators - Carnival, Royal Caribbean, Norwegian Cruise Line and MSC Cruises - should be liable for using docks built by an American company that Cuba also seized in 1960. The cruise lines case ‌will be argued first.Exxon is backed by the ⁠Trump administration in the litigation.The administration has declared Cuba "an unusual and extraordinary threat" to U.S. national security, cutting off the flow of Venezuelan oil to the Caribbean island nation and threatening to slap tariffs on any country ⁠supplying it with fuel.While the two cases focus on distinct legal issues, both raise the question of just how powerful a remedy Congress intended the Helms-Burton Act to be. In both cases, the Supreme Court has the opportunity to eliminate barriers that claimants face in bringing lawsuits under the statute.Castro's confiscation ​of all ​of Exxon's Cuban oil and gas assets represented a loss valued at $70 million ​at the time. Exxon's current claim is worth much ‌more than that because of interest and the potential for enhanced damages.Exxon in 2019 sued Corporación CIMEX, Cuba's largest conglomerate. Exxon accused CIMEX of continuing to hold and profit from the confiscated property.Exxon appealed to the Supreme Court after a lower court ruled that Cuban state-owned entities facing Helms-Burton Act lawsuits can invoke a legal defense called foreign sovereign immunity, which shields foreign governments and their agents from U.S. lawsuits unless an exception applies.The cruise line case was brought by Havana Docks, a U.S. entity that had a 99-year concession for the construction and operation ‌of docks at Havana's port, granted in 1934 by Cuba's government at the time. ​Castro's government revoked that agreement.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,906.00 -17.25 (-0.25%)Dow Futures49,547.00 -127.00 (-0.26%)Nasdaq Futures24,968.00 -99.50 (-0.40%)Russell 2000 Futures2,656.40 -12.40 (-0.46%)VIX19.91 +0.82 (+4.30%)Gold5,182.80 +101.90 (+2.01%)Trending tickersBTC-USD Bitcoin USD 66,272.50 -1,925.26 (-2.82%)NOVO-B.CO Novo Nordisk A/S 252.80 -48.20 (-16.01%)NVO Novo Nordisk A/S 47.42 -1.03 (-2.13%)ETH-USD Ethereum USD 1,912.86 -67.63 (-3.42%)VNDA Vanda Pharmaceuticals Inc. 5.76 -0.34 (-5.57%)PortfolioSign in to access your portfolioSign inTop gainersRNG RingCentral, Inc. 39.50 +10.11 (+34.40%)LGN Legence Corp. 55.24 +7.96 (+16.84%)TLX Telix Pharmaceuticals Limited 7.69 +0.98 (+14.61%)SYRE Spyre Therapeutics, Inc. 43.21 +5.40 (+14.28%)FSM Fortuna Mining Corp. 12.27 +1.37 (+12.57%)Top losersFROG JFrog Ltd. 37.75 -12.54 (-24.94%)DNOW DNOW Inc. 13.23 -3.13 (-19.13%)CC The Chemours Company 17.04 -3.37 (-16.51%)AKAM Akamai Technologies, Inc. 94.17 -15.42 (-14.07%)RGC Regencell Bioscience Holdings Limited 29.17 -4.29 (-12.82%)Most activeNVDA NVIDIA Corporation 189.82 +1.92 (+1.02%)OPEN Opendoor Technologies Inc. 5.0000 +0.3500 (+7.53%)ONDS Ondas Inc. 10.03 -1.36 (-11.94%)INTC Intel Corporation 44.11 -0.51 (-1.14%)PLUG Plug Power Inc. 1.8700 -0.0400 (-2.09%)Top economic eventsEarnings eventsMy earnings eventsEarnings events