Trump U-turn: Is Venezuelan oil really available to Cuba again?
AI Summary
In February 2026, the US government announced it would authorize the resale of Venezuelan oil to Cuba for commercial and humanitarian purposes, potentially easing Cuba's severe fuel crisis. This decision comes after months of a US-imposed oil blockade following the abduction and imprisonment of Venezuelan President Nicolas Maduro. While the US has historically strained relations with Cuba and seeks regime change, the policy shift follows concerns raised by Caribbean leaders, particularly Jamaica's Prime Minister, about the potential regional impact of Cuba's economic hardship and energy shortages. The US will license entities to sell the oil, excluding those linked to the Cuban government and military. Venezuela is Cuba's largest oil provider.
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