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Fuel and oil

136 articles on Fuel and oil · Updated

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Frequently asked questions

Why did Trump lift these specific tariffs on Cuba?
The removal follows a Supreme Court ruling that questioned the legality of the mechanism based on the International Emergency Economic Powers Act (IEEPA).
Does this mean sanctions against Cuba have ended?
No. The order maintains the 'National Emergency' status, and other trade and financial sanctions remain fully in force.
Which countries benefit from this measure?
Primarily Mexico and potential suppliers that had halted shipments fearing the previously announced punitive tariffs of up to 15%.
What is the impact on the island's energy crisis?
While it reduces pressure on shippers, Cuba's lack of foreign currency and general financial siege remain the biggest obstacles to importing crude oil.
How many tourists visited Cuba in 2025?
Cuba received 1.81 million international visitors in 2025, which represents a 17.2% drop compared to 2024 data.

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