Feb 25 • 18:10 UTC 🇱🇹 Lithuania 15min

Due to humanitarian reasons, the U.S. will ease Venezuela's oil exports to Cuba

The U.S. Treasury Department announced that it will allow oil transactions to support the Cuban people amid ongoing energy crises in Cuba.

The U.S. Treasury Department has decided to ease restrictions on oil exports from Venezuela to Cuba for humanitarian reasons, amidst a severe energy crisis in the island nation. The statement highlighted that transactions supporting the Cuban populace, including those that involve the private sector, would be permitted for commercial and humanitarian uses. This decision comes after U.S. forces captured the Venezuelan leftist leader Nicolás Maduro during a raid on January 3rd, effectively halting Venezuela's vital oil supply to Cuba.

The interruption in oil exports has plunged Cuba deeper into an economic quagmire, marked by severe fuel shortages and frequent power outages. The restrictions imposed after the U.S. military operation not only disrupted the energy supply but also exacerbated the already precarious economic situation in Cuba, which has been struggling with internal financial challenges. The easing of oil export restrictions by the U.S. is a significant shift, reflecting a potential effort to alleviate some of the suffering faced by Cubans as a result of the energy crisis.

This move suggests a nuanced approach by the U.S. government, balancing its strategic interests in Latin America with humanitarian concerns for the Cuban population. Allowing oil exports might provide some temporary relief to Cuba’s energy woes, but it also raises questions about the broader implications of U.S. relations with Venezuela and Cuba. The situation highlights the complex interplay between international politics and domestic humanitarian needs in the region.

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