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

World • 4d ago
US to allow Venezuelan oil sales to Cuba as alarm grows in the Caribbean
**Oil Reliefs on the Horizon for Cuba** The United States has announced a policy shift that could bring much-needed relief to Cuba's crippling fuel shortages. The decision, made by the US Department of the Treasury, will now allow the resale of some Venezuelan oil to Cuba, a move that could ease the island nation's acute energy crisis. This development comes as Caribbean leaders gather in Saint Kitts and Nevis, where they expressed deep concern over the humanitarian situation in Cuba. The US blockade on Venezuelan oil exports to Cuba had led to a severe energy crisis, affecting power generation, fuel for vehicles, and other essential services. For over two decades, Venezuela had been Cuba's main supplier of crude and fuel, with a bilateral pact that involved the exchange of goods and services. However, since the recent US takeover of Venezuela's oil exports, Caracas's supply to Cuba has ceased. Mexico, which had emerged as an alternative supplier, halted shipments to Cuba after the US threatened tariffs on countries sending oil to the island nation. The US blockade has had a devastating impact on the 10.9 million people of Cuba, with reports of food scarcity, rubbish-filled streets, and a general breakdown in essential services. Caribbean leaders, including Jamaican Prime Minister Andrew Holness, have expressed solidarity with Cuba and warned that a prolonged crisis on the island could have far-reaching consequences for the entire region. However, US Secretary of State Marco Rubio claims that the humanitarian crisis in Cuba is a result of the island nation's government policies, not the US blockade. Rubio, whose parents migrated to the US from Cuba in 1956, warned that the sanctions would be reinstated if the oil ends up in the hands of the Cuban government or military. Despite this, the US policy shift on Venezuelan oil sales to Cuba is a welcome development, which could bring much-needed relief to the island nation. As the Caribbean region continues to grapple with the implications of the US blockade, it remains to be seen how this policy change will play out in the coming weeks and months. **Will this be a turning point for Cuba's energy crisis, or just a temporary reprieve? Only time will tell.**
Source: Original Article. AI-enhanced version.