U.S. Allows Fuel Exports to Private Cuban Businesses

The United States Department of Commerce implemented a policy exception allowing U.S. firms to export fuel to private Cuban businesses, marking the first significant U.S. fuel landings on the island since the 1959 revolution. This shift follows the collapse of oil shipments from Venezuela and Mexico after the ousting of President Nicolas Maduro in January.

Between February and May, imports totaling 900,000 barrels prevented total national paralysis but triggered a chaotic black market. Gasoline prices peaked at $38 per gallon, widening wealth disparities as private businesses and wealthy individuals maintained transport while state-run healthcare and public transit services suffered.

In response to the crisis, the Cuban government authorized private fuel imports in February and approved economic reforms in June to open the energy sector to private and foreign investors. Prime Minister Manuel Marrero Cruz announced the approval of the first foreign investment venture for fuel sales. President Miguel Díaz-Canel denounced the U.S. blockade as a "genocidal siege" and vowed against the massive privatization of national assets. The United States Department of State acknowledged the humanitarian needs of the population while accusing Cuban officials of incompetence.