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Home»World
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Fuel from Mexico is being sent to Cuba as the island deals with blackouts and the decline of Russian and Venezuelan oil supply

November 4, 2024No Comments3 Mins Read
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Mexico has recently sent nearly half a million barrels of crude oil and diesel to Cuba, providing a crucial lifeline to the island nation as it grapples with blackouts and a deepening economic crisis. This comes as shipments of Russian and Venezuelan oil, which previously sustained Cuba, have dwindled, making Mexico one of the few remaining suppliers. The oil deliveries from Mexico’s state-run oil company, Pemex, have totaled approximately $31 million and are a continuation of at least $300 million in fuel sent to Cuba since the beginning of 2023.

The oil shipments from Mexico to Cuba were briefly paused during Mexico’s presidential election campaign but have resumed under newly inaugurated President Claudia Sheinbaum. Sheinbaum has expressed a commitment to supporting Cuba, despite any criticism or controversy surrounding the shipments. While Sheinbaum confirmed the recent deliveries, she noted that they were just a small fraction of Mexico’s daily oil production, indicating a willingness to continue offering support to Cuba.

Cuba is facing a critical situation with large-scale blackouts affecting millions of people and exacerbating existing economic hardships. The government’s decision to raise gas prices has sparked frustration and rare protests, adding to the strain on Cuban citizens who are struggling to afford basic necessities. The Cuban government has attributed its current challenges to the U.S. economic embargo, but infrastructure issues and a lack of investment in alternative energy sources have also contributed to the crisis.

The reliance on fossil fuels has been a longstanding issue for Cuba, which previously depended on Venezuela and Russia for oil supplies. However, with Venezuela facing its own crisis and Russian aid diminishing, Cuba has been left with a significant shortfall in fuel. Despite ongoing discussions with Russia, Venezuela, and other allies, the Cuban government recently announced that it would only have half of the necessary fuel to maintain power during peak hours. Mexico’s commitment to supporting Cuba through oil shipments remains vital in this context, though the terms of this assistance, whether it is a gift or sold at a reduced price, are still unclear.

As Mexico continues to provide oil to Cuba, the relationship between the two countries is strengthened, with Mexico serving as a key ally and proponent of solidarity in the face of economic challenges and international pressures. The support from Mexico comes at a critical time for Cuba, as the island navigates a complex set of issues that have led to widespread power shortages and economic instability. The ongoing partnership between Mexico and Cuba underscores the importance of regional cooperation and mutual assistance in times of crisis.

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