Feb 25 โ€ข 19:32 UTC ๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico El Financiero (ES)

Trump takes pity on Cuba: US authorizes the sale of Venezuelan oil to the island... with conditions

The US has announced a conditional authorization for the sale of Venezuelan oil to Cuba, focusing on supporting the Cuban people while restricting transactions with the Cuban government.

The United States has taken a significant step by allowing the sale of Venezuelan oil to Cuba, although under strict conditions aimed at ensuring that the benefits reach the Cuban populace rather than the government. The US Treasury Department has indicated that licenses will be issued to facilitate these transactions, particularly those that support humanitarian efforts within Cuba and aid the private sector. This move reflects a shift in policy that seeks to alleviate some of the economic pressures faced by ordinary Cubans amid ongoing sanctions.

However, this favorable licensing policy is not without its limitations. The US administration has made it clear that any transactions benefiting the Cuban military, intelligence services, or government institutions will not be permitted. This stipulation underscores the US government's long-standing opposition to the Cuban regime while attempting to provide a lifeline to its citizens. By isolating the government from the benefits of these transactions, the US aims to pressure Cuba's leadership while still engaging with the Cuban people.

This decision comes in the wake of a historical context where previous administrations, including that of Donald Trump, imposed harsh restrictions on Cuban oil imports. The implications of this new policy could be significant, potentially altering the landscape of Cuban energy imports and affecting the dynamics of US-Cuban relations. The focus now shifts to how effectively this policy can be implemented and whether it will lead to tangible improvements for the Cuban populace or merely reinforce the existing political divide.

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