US to allow Venezuelan oil sales to Cuba as alarm grows in the Caribbean

Al JazeeraEN 3 min read 100% complete by Lyndal RowlandsFebruary 26, 2026 at 05:17 AM

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medium article 3 min

The United States will allow the resale of some Venezuelan oil to Cuba, easing restrictions amid a worsening energy crisis on the island. The US Treasury Department stated licenses would be granted for commercial and humanitarian use, excluding entities linked to the Cuban government. This policy shift comes after Venezuela's oil supply to Cuba ceased following US actions against Venezuelan President Maduro, and Mexico halted shipments due to US tariff threats. Caribbean leaders, meeting in Saint Kitts and Nevis, expressed concerns that the blockade's humanitarian impact could destabilize the region. Jamaican Prime Minister Holness emphasized that a prolonged crisis in Cuba would have wider consequences.

Key Entities & Roles

Key Player Opposition Context

Saint Vincent and the Grenadines 40% CARICOM 40% Russia 60% Jamaica 60% Nicolas Maduro (Maduro) 80% Venezuela ×380% Cuba ×5100% United States ×2100%

Keywords

cuba 100% us oil embargo 90% venezuelan oil 80% humanitarian crisis 80% fuel shortages 70% caribbean 70% energy crisis 60% us department of the treasury 50% nicolas maduro 40% caricom 40%

Sentiment Analysis

Negative

Score: -0.20

Source Transparency

Source

Al Jazeera

Classification Confidence

90%

Geographic Perspective

Cuba

This article was automatically classified using rule-based analysis.

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cuba us oil embargo venezuelan oil humanitarian crisis fuel shortages caribbean energy crisis us department of the treasury nicolas maduro caricom

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