US imposes sanctions on Mexican fuel companies in cartel case
Tanker trucks wait at Petroleos Mexicanos’ storage and dispatch terminal. (Felix Marquez/Associated Press) June 30, 2026 4:47 pm, EDT key takeaways: The US Treasury imposed sanctions on two Mexican nationals and nine Mexico-based companies on June 30 over alleged fuel-smuggling ties to the CJNG cartel. Illegal fuel smuggling costs Mexico more than $11 billion annually