Summary
The U.S. government announced it would allow companies to resell Venezuelan oil to Cuba to help the island with its severe fuel crisis. This decision comes after Caribbean leaders urged the U.S. to offer relief as Cuba faces significant economic and humanitarian challenges. Cuba’s reliance on Venezuelan oil and the recent U.S. embargo have exacerbated energy shortages.
Key Facts
- The U.S. will permit the resale of Venezuelan oil to Cuba for "commercial and humanitarian use."
- President Trump’s administration had previously stopped Venezuelan oil exports to Cuba.
- Tensions between the U.S. and Cuba are high, partly due to Washington’s desire for regime change in Cuba by 2026.
- The fuel crisis in Cuba has resulted in long power outages and disrupted everyday life.
- Caribbean leaders have expressed concern about Cuba’s crisis potentially affecting regional stability.
- Cuba’s economy has been weakened by longstanding U.S. sanctions, leading to food and energy shortages.
- The Mexican government has sent humanitarian aid to Cuba to help with the crisis.
