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Cuba on Brink of Economic Collapse Amid Oil Crisis

3/17/2026

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Story summary
  • Cuba now faces economic collapse and dwindling oil supplies, signaling instability.
  • The rise of right-wing leaders in Latin America has shifted policy, with Brazil, Mexico, and Colombia withholding emergency fuel to avoid backlash from U.S. President Donald Trump.
  • Political scientist Jesús Silva-Herzog Márquez notes that any Cuba support risks retaliation from the United States, signaling a shift away from decades of regional aid to the island.