USA opens for Venezuelan oil to Cuba
The USA announces it will allow the sale of Venezuelan oil to Cuba for commercial and humanitarian purposes under specific conditions.
The United States has decided to permit the sale of Venezuelan oil to Cuba, addressing both commercial and humanitarian needs, according to a statement from the US Treasury Department. This move is seen as a response to the dire energy situation in Cuba caused by the previous energy blockade enforced by the Trump administration, which imposed penalties on countries selling oil to Cuba. With the lifting of some restrictions, the Cuban population and private sectors may gain access to much-needed oil supplies.
The impacts of the Trump-era energy blockade have been severe for the Cuban people, with public transportation and private vehicles barely operational due to fuel shortages. As a result, many Cubans have resorted to using firewood and coal for cooking and heating. This situation highlights the humanitarian crisis on the island, and the new measures from the US might alleviate some immediate hardships by allowing limited oil exports to aid the civilian population.
However, it is crucial to note that not all sanctions are being lifted. The US will continue to restrict oil sales to entities connected to the Cuban government, military, or intelligence services. This means that while some relief may come in the form of oil availability for the general public, the overarching sanctions structure remains largely intact, limiting full economic recovery and support for the government of Cuba.