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Trump Eases Cuba's Energy Crisis with Venezuelan Oil Deal

2/26/2026

30 2 Full Breakdown

Summary

Story summary

U.S. President Donald Trump authorized U.S. companies to resell Venezuelan oil to Cuba's private sector to ease the island's energy crisis.
The policy follows U.S. blocks on oil shipments to Cuba, worsening humanitarian conditions.
Treasury Department guidelines encourage transactions that support the Cuban private sector and prohibit sales to the military or government.

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Story summary

U.S. President Donald Trump authorized U.S. companies to resell Venezuelan oil to Cuba's private sector to ease the island's energy crisis.
The policy follows U.S. blocks on oil shipments to Cuba, worsening humanitarian conditions.
Treasury Department guidelines encourage transactions that support the Cuban private sector and prohibit sales to the military or government.