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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (50015)	12/31/2025 9:33:42 AM
From: Les H	Read Replies (1) \| Respond to of 51442

U.S. Pressures Mexico Over Fuel Supply to Crisis-Hit Cuba By Tsvetana Paraskova - Dec 29, 2025, 6:00 PM CST U.S. lawmakers are pressuring the U.S. Administration to demand Mexico end its subsidized oil shipments to Cuba by leveraging the 2026 renegotiation of the USMCA trade agreement. Mexico, through a subsidiary of its state oil company Pemex, has defended its shipments of fuel to Cuba as humanitarian aid intended to prevent widespread blackouts on the island. An investigation found that Mexico shipped over $3 billion worth of subsidized fuel to Cuba in just four months of 2025, a figure three times higher than the shipments during the final two years of the previous administration. The U.S. blockade of Venezuela to prevent sanctioned tankers from shipping oil to and from the South American country is not the only geopolitical game involving the United States in its backyard in the Western Hemisphere. U.S. lawmakers are not happy with Mexico sending fuel shipments to Cuba. Power outages and massive blackouts have become more frequent on the Communist-run island since shipments from sanctioned Venezuela dwindled and left Cuba’s petroleum-dependent power system at the mercy of alternative supplies. Some of this supply has come over the years from Mexico, which continues to insist that the shipments are of a humanitarian nature and aim to “avoid a crisis of blackouts”. U.S. lawmakers representing Miami and Florida have urged the Trump Administration to pressure Mexico with the Cuba card when U.S. Pressures Mexico Over Fuel Supply to Crisis-Hit Cuba \| OilPrice.com