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Cuba says it is open to US oil investment

Summary by Semafor
Cuba’s president said he was open to US investment in his country’s oil industry, though he reiterated he would not step down despite Washington’s threats to oust Havana’s communist leadership. Economic conditions in the island nation have deteriorated rapidly since the Trump administration tightened its oil embargo, sparking nationwide blackouts and grinding key industries to a halt. Though the US has recently eased some restrictions on Cuba — …

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Semafor broke the news in New York, United States on Tuesday, April 14, 2026.
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