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Oil Embargo

All articles tagged with #oil embargo

Cuba braces for potential U.S. attack as outages test resilience
world19 days ago

Cuba braces for potential U.S. attack as outages test resilience

Cuba says it is ready for any potential U.S. military action as it recovers from a nationwide blackout blamed on Washington’s oil blockade, while Havana maintains that political change is off the negotiating table even as Trump threatens to seize the island; outages have pressed the grid through March with only partial power restoration in Havana, and U.S. officials say they are not planning an invasion but will defend interests and respond to threats.

Cuba Signals Potential Economic Opening in Talks with Trump Administration
world29 days ago

Cuba Signals Potential Economic Opening in Talks with Trump Administration

Cuban President Díaz-Canel announced that Cuba is in early discussions with the Trump administration that could lead to a historic economic opening, with talks aimed at resolving bilateral differences and addressing Cuba's energy needs amid a U.S. oil blockade. In a Vatican-brokered deal, Cuba plans to release 51 prisoners in the coming days, though it is unclear who will be freed. The White House has not commented, and analysts say the dialogue could mark Cuba's most significant economic shift since 1961, though exact goals and details remain unclear.

Fuel diplomacy: Trump nudges Cuba toward reform via direct oil sales
world1 month ago

Fuel diplomacy: Trump nudges Cuba toward reform via direct oil sales

After Venezuela cut its oil, the Trump administration began allowing U.S. petroleum products to be sold directly to Cuba’s private sector to spur market-style reforms and make the island more dependent on the U.S. economy. Cuban entrepreneurs welcomed the stability of fuel supplies, while officials describe the shift as a gradual, coercive path toward change rather than an abrupt overthrow, with observers noting Cuba’s growing private sector (thousands of small businesses) could drive reform if financial and regulatory barriers are further lowered.