EconomyLens.com
No Result
View All Result
Monday, April 13, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

Cubans ready for Russian oil but some say not enough

David Peterson by David Peterson
March 31, 2026
in Other
Reading Time: 7 mins read
A A
1
37
SHARES
460
VIEWS
Share on FacebookShare on Twitter

A Russian oil tanker is due to arrive in the Cuban port of Matanzas by Tuesday. ©AFP

Matanzas (Cuba) (AFP) – Cubans on Monday cautiously welcomed the imminent arrival of a Russian oil shipment, with some warning it would do little to ease an energy crisis after US President Donald Trump granted a reprieve from his oil blockade. The Anatoly Kolodkin, a tanker under US sanctions carrying 730,000 barrels of crude, was due to arrive at the western port of Matanzas by Tuesday with the first oil shipment to the communist-ruled island since January.

Related

US stocks finish higher amid hopes for US-Iran deal as oil price gains moderate

Trump vows US will sink any Iran boats that challenge blockade

Satisfaction as Rolling Stones drop track under Cockroaches name

US says to begin blockade of Iranian ports

US says warships transit Strait of Hormuz in mine clearance op

Trump’s decision to let Russia deliver the oil avoids a confrontation with Moscow and provides temporary relief to a country that has endured blackouts, fuel rationing, and dwindling public transportation. “We’ll welcome it with open arms. You have no idea how badly we need that oil,” said Rosa Perez, a 74-year-old retiree who was taking a walk near the Matanzas port as her house had lost power again. “Let’s see if things improve for us, even just a little… I can’t take it anymore,” she told AFP, voicing hope that more shipments will follow.

Others said it was not enough to solve Cuba’s crisis. “It’s a drop in the bucket compared to what this country needs. It means next to nothing,” said Raul Pomares, a 56-year-old gardener waiting for a taxi in Havana. “It’s a symbolic gesture that won’t have any real impact on the economy for ordinary Cubans,” he added. Moscow said it was “pleased” that the tanker had reached Cuban waters. “Russia considers it its duty to step up and provide necessary assistance to our Cuban friends,” Kremlin spokesman Dmitry Peskov told reporters, adding that Moscow and Washington had been in touch over the shipment.

Trump said Sunday he had “no problem” with Russia or another country sending oil because Cubans “have to survive,” but he predicted that it would have little impact. “Cuba’s finished, they have a bad regime, they have very bad and corrupt leadership, and whether or not they get a boat of oil it’s not going to matter,” Trump said. White House Press Secretary Karoline Leavitt said there was no change in US sanctions policy. “We allowed this ship to reach Cuba in order to provide humanitarian needs to the Cuban people. These decisions are being made on a case-by-case basis,” she said.

Cuba lost its main regional ally and oil supplier in January when US forces captured Venezuela’s socialist leader Nicolas Maduro. Trump subsequently threatened to impose tariffs on any country sending oil to Cuba and has mused about “taking” the island of 9.6 million people. Mexican President Claudia Sheinbaum, whose country last sent crude to Cuba in January, said there have been talks with private firms about buying oil from Mexico’s state-owned energy company and selling to private Cuban companies. She said Monday she had personally donated 20,000 Mexican pesos ($1,100) for humanitarian aid to Cuba.

The Anatoly Kolodkin was moving along Cuba’s northern coast on Monday evening on its way to Matanzas, a key oil port east of Havana, according to shipping tracker MarineTraffic. It would take about 15-20 days to process the oil and another 5-10 days to deliver its refined products, according to Jorge Pinon, an expert on Cuba’s energy sector at the University of Texas at Austin. It could produce 250,000 barrels of diesel, enough to cover demand for around 12.5 days, Pinon told AFP. The government would have to decide whether to use the fuel for backup power generators or for buses, tractors, and trains needed to keep the economy going for two weeks, he added. The oil would likely not be used for Cuba’s aging thermoelectric power plants, which rely on the country’s own crude production.

Cubans have endured seven nationwide blackouts since 2024, including two this month. The blackouts, as well as persistent shortages of food, medicine, and other basics, have fueled public frustration and some rare protests. Retiree Orlando Ocana, 76, said the Russian shipment was a “Band-Aid.” “The real solution to our problems is building new thermoelectric power plants,” he said.

© 2024 AFP

Share15Tweet9Share3Pin3Send
Previous Post

Stock market winners and losers one month into US-Israel war on Iran

Next Post

Powell probe leaves US Fed leadership change in limbo

David Peterson

David Peterson

Related Posts

Other

‘Stop hiring humans’? Silicon Valley confronts AI job panic

April 12, 2026
Other

US, Iran talks extend into second day as strait showdown deepens

April 11, 2026
Other

Iran and US top officials launch negotiations in Pakistan

April 11, 2026
Other

US and Iran envoys meet Pakistani PM as negotiations get under way

April 11, 2026
Other

Mythos AI alarm bells: Fair warning or marketing hype?

April 12, 2026
Other

OpenAI CEO’s California home hit by Molotov cocktail, man arrested

April 10, 2026
Next Post

Powell probe leaves US Fed leadership change in limbo

Trump threatens to destroy Iran oil island despite claims of talks

Middle East war: global economic fallout

Iran defiant as Trump threatens to destroy oil island

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

97

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

US stocks finish higher amid hopes for US-Iran deal as oil price gains moderate

April 13, 2026

Hormuz toll preferable to closure, TotalEnergies CEO says

April 13, 2026

CinemaCon starts with box office optimism

April 13, 2026

Lufthansa pilots strike as cabin crew call further stoppage

April 13, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.