Trump Warns Cuba: Deal with US or Lose Venezuelan Oil & Money!

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CNBC TV18•11-01-2026, 20:49
Trump Warns Cuba: Deal with US or Lose Venezuelan Oil & Money!
- •Donald Trump urged Cuba to make a deal with Washington, threatening an end to oil and money supplies from Venezuela.
- •Venezuela is Cuba's primary oil supplier, but Trump has redirected Venezuelan oil to the US after capturing Nicolas Maduro.
- •Trump stated on Truth Social that Cuba would receive "NO MORE OIL OR MONEY" from Venezuela, urging a deal "BEFORE IT IS TOO LATE."
- •US intelligence indicates Cuba's economy is strained by blackouts, sanctions, and potential loss of Venezuelan support.
- •The loss of Venezuelan oil, which covered 50% of Cuba's deficit, would be devastating for the island nation.
Why It Matters: Trump pressures Cuba to negotiate with the US, threatening to cut off vital Venezuelan oil and money.
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