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Cuba’s Economic Crisis Deepens Amid New US Oil Blockade

Cuba faces escalating economic challenges as a newly imposed US oil blockade exacerbates six decades of trade restrictions, triggering widespread fuel shortages and operational paralysis across critical sectors. The February 2026 sanctions have forced partial industrial shutdowns and intensified supply chain disruptions, compounding existing shortages of food and medicine.

Humanitarian Concerns Mount

The United Nations recently warned that tightened restrictions are worsening living conditions for Cuba's 11 million residents. Long queues at gas stations and rationed electricity have become commonplace, while hospitals report difficulties maintaining medical equipment.

Cuban Government Responds

Authorities in Havana have implemented emergency fuel allocation systems and prioritized public transportation and healthcare services. "We're exploring alternative energy partnerships to mitigate this aggression," stated Economy Minister Alejandro Gil during a televised address last week.

Regional Implications

Analysts suggest the blockade could impact Caribbean energy markets, with neighboring countries monitoring potential ripple effects. The move has drawn mixed reactions from Latin American leaders ahead of April's Summit of the Americas.

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