Venezuela's oil production increased from 717,000 bpd to 800,000 bpd by December, resulting in a $3.3 billion windfall for the regime due to sanctions relief. Cuba, despite receiving 129,000 barrels of oil daily, is facing a severe fuel crisis with long gas station lines and power outages, blaming US sanctions and economic issues.
Cuba's fuel crisis is worsening. Power blackouts are getting longer. Motor fuel, including for airplanes, is scarce. The gov says imports are not enough. But the country is receiving from Venezuela, Mexico and the spot market as usual. Who is to be blamed? https://t.co/uWFx3QoqrC
WATCH: With long lines at gas stations and frequent power outages; the fuel crisis in Cuba is affecting nearly all facets of daily life. The government blames US sanctions with economic crisis. But a @Reuters tally suggests other issues are also at play https://t.co/LlxBL3FQin https://t.co/xlJHHn5Kal
Cuba is receiving 129,000 barrels of oil a day from Venezuela and others - more than enough to cover its stated needs. But still the island is in the midst of a severe fuel crisis…. https://t.co/5jkGh7SG6Q
⚠️ CUBA IMPORT DATA CASTS DOUBT ON OFFICIAL 'FUEL CRISIS' EXPLANATION (Reuters) At a small cafe in the town of Bejucal outside of Havana, owner Germán Martín tries to organize his life and business around increasingly frequent blackouts. It is not easy. Although occasional… https://t.co/CmNKg4BDgj
Hard to believe Nicolás Maduro is indifferent to the survival of the Barbados agreement. Sanctions relief, including General License 44, led Venezuela’s oil production to rise from 717,000 bpd in 2022 to 800,000 bpd by December, a $3.3 billion windfall for a destitute regime.