US Pressure on Venezuela Chokes Cuba's Oil, Deepens Economic Crisis

World
C
CNBC TV18•08-01-2026, 17:04
US Pressure on Venezuela Chokes Cuba's Oil, Deepens Economic Crisis
- •US seized two Venezuela-linked oil tankers, 'Marinera' and 'M Sophia', escalating pressure on Venezuela.
- •The seizures threaten Cuba's critical energy lifeline, as Venezuela supplied 50% of its oil deficit.
- •Cubans in Matanzas and Havana are bracing for worsening fuel shortages, shuttered gas stations, and longer power cuts.
- •Residents express anger at US President Donald Trump's actions, vowing to resist the economic hardship.
- •The 'Marinera' seizure near Iceland was the fourth such interception since a US blockade on Venezuelan waters began in mid-December.
Why It Matters: US actions against Venezuela's oil supply are causing a severe economic crisis and hardship for Cuba.
✦
More like this
Loading more articles...





