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Mexican president seeks to restart oil shipments to Cuba as island’s crises deepen
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Mexican President Claudia Sheinbaum said on Monday that her country seeks to restart oil shipments to Cuba soon, a move that could provide much-needed relief as the island’s crises deepen given a lack of petroleum.
Sheinbaum said her administration would seek to send the oil via commercial and privately owned firms instead of state-owned companies as it has done in the past.
Mexico became a key fuel supplier to Cuba after the US attacked Venezuela in early January and halted critical oil shipments. But those shipments, which had already been reduced, were completely suspended after US President Donald Trump threatened tariffs on any country that provides or sells oil to the island.
Since the attack on Venezuela, only one oil shipment has reached Cuba, courtesy of a Russian tanker carrying 730,000 barrels of oil that were used up in one month.
The lack of fuel has worsened an energy crisis on the island that produces only 40 per cent of the petroleum it needs, leading to severe power outages, reduced work hours, water shortages, suspended surgeries and spoiled food.
Sheinbaum said she wants to take advantage of a package of free-market reforms that Cuba’s government recently approved, leveraging Mexican business owners who are already on the island.
