Gasoline in Havana Reaches 4,000 CUP per Liter on the Black Market
Extreme fuel shortages in Cuba drive prices sky-high on the black market, where a liter of gasoline is now trading for 4,000 Cuban pesos.
Photo: CiberCuba
The energy crisis in Cuba has reached a new and alarming milestone. On the streets of Havana, the price of gasoline on the informal market has soared to 4,000 Cuban pesos (CUP) per liter, a figure that reflects the collapse of state supply and the desperation of drivers.
At current informal exchange rates (exceeding 500 CUP per dollar), this price places the cost of a single liter of fuel at approximately $8. For the average Cuban worker, whose monthly salary is only enough to buy a few liters at this price, the situation has become unsustainable.
The Collapse of State Supply
Despite government attempts to regulate sales and prioritize basic services, gas stations (servicentros) in the capital show mile-long lines that can last for days. The lack of transparency in replenishment cycles has pushed many users to turn to resellers to keep their vehicles moving—especially those involved in private passenger transport.
Factors Driving the Shortage:
- Reduction in Imports: Decreased oil shipments from traditional allies like Venezuela and Russia.
- Increased Oil Blockade: External measures that make it difficult for tankers to reach the island.
- Electricity Prioritization: A portion of the available fuel is diverted to feed thermoelectric power plants and avoid total blackouts.
Impact on Transport and Inflation
The price of fuel does not only affect car owners. Private transportation, which is vital due to the deficiency of the public system, has begun to adjust its fares upward. This creates a domino effect on the prices of other basic products, making the cost of living even more expensive for the general population.
Reports from independent journalists confirm that access is even more restricted outside the capital, with entire provinces paralyzed by the lack of diesel and gasoline.
FAQ
How much does gasoline officially cost in Cuba?
While official prices are significantly lower, the lack of real availability at gas stations forces the population to turn to the informal market where prices are set by supply and demand.
Why is there such a severe fuel shortage in March 2026?
The combination of a severe financial crisis, accumulated debts with international suppliers, and the priority of fuel for electricity generation has left gas stations empty.
How does this affect food prices?
The increase in private transport costs directly impacts the food distribution chain, raising prices at agricultural markets and MSME stores.
What alternatives do Cubans have due to the lack of gasoline?
Many Cubans have returned to using bicycles or have had to limit their movement significantly, while state transport operates at a historic minimum capacity.
Sources:
- CiberCuba: Gasoline in Havana reaches 4,000 CUP
- SolucionesCuba: Exchange rates and prices today
- Diario de Cuba: Supply crisis on the island
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