Mexico's president seeks to restart oil shipments to Cuba as island's crises deepen
Sheinbaum said commercial firms could resume deliveries as Cuba faces fuel shortages that have cut work hours and caused power outages, officials said.
- On Monday, Mexican President Claudia Sheinbaum announced that Mexico aims to restart oil shipments to Cuba soon, utilizing private and commercial firms instead of state-owned companies.
- Shipments were previously suspended after President Donald Trump threatened tariffs on any nation supplying oil to the island, following the attack on Venezuela that halted critical supply chains.
- Sheinbaum plans to leverage existing Mexican business owners on the island and recent Cuban free-market reforms, with private companies holding transport permits serving as the new mechanism.
- Mexico will continue providing humanitarian aid as the island faces severe power outages, water shortages, and suspended surgeries amid the deepening energy crisis.
- Cuba currently produces only 40% of its required petroleum; since the attack on Venezuela, the island received only one Russian shipment of 730,000 barrels consumed within a month.
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Mexico's President Sheinbaum has announced that he will resume oil supplies to Cuba.
By Mauricio Torres, CNN en Español. Mexican President Claudia Sheinbaum said Monday that Mexico could soon resume oil shipments to Cuba, though not through the state-owned oil company Petróleos Mexicanos (Pemex), which suspended them earlier this year, but rather through private companies interested in trading hydrocarbons with the island. “We are working on it,” the president said during her daily press conference. “It hasn’t restarted yet, but…
Mexico risks Trump ire with plans to ship oil to Cuba
Mexican President Claudia Sheinbaum vowed to resume oil exports to Cuba, potentially setting up a clash with US President Donald Trump, who has banned crude shipments to the island nation. Sheinbaum has won plaudits for avoiding a confrontation with Trump, salvaging a relationship that appeared destined for a rupture which could have devastated Mexico’s economy. However, she and other international leaders — including Italy’s prime minister, for…
President Claudia Sheinbaum opened the possibility of marketing Mexican oil to Cuba, but through exports of private initiative.
Cuba suffers from lack of oil supplies from Venezuela and Mexico. President Claudia Sheinbaum wants to have oil delivered to the Caribbean state via private companies.
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Mexico Plans to Resume Oil Shipments to Cuba Through Private Companies Amid Worsening Energy Crisis
Mexican President Claudia Sheinbaum announced Monday that her government is working to restart oil shipments to Cuba, signaling a renewed effort to help the Caribbean ... The post Mexico Plans to Resume Oil Shipments to Cuba Through Private Companies Amid Worsening Energy Crisis first appeared on [your]NEWS.
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