Wednesday, January 28, 2026

Mexico Cuts Oil Shipment to Cuba Right After Venezuela's Oil Stopped Entirely


 

From PJM:

Since the Donald Trump administration cut off Cuba's long-time oil sugar daddy, Venezuela, the Cuban regime has been in a bit of a panic, and the country's infrastructure is deteriorating faster than it already was. It sounds like it's about to get a lot worse. 

As Venezuela's handouts have dwindled in recent years due to its own economic crisis and the collapse of PDVSA, its state-run oil company, Mexico began sending oil to Cuba in 2023. Last year, Mexico actually became Cuba's largest oil supplier, but it was only supplying a fraction of what the country needs to stay afloat. Narco-President Claudia Sheinbaum called it a humanitarian gesture, but the United States has been applying more and more pressure, trying to get her to stop. Initially, when the Venezuelan pipeline was cut, she said she wouldn't stop but she wouldn't increase the amount she sends, either. 

Apparently, the Trump administration finally got to her. Recently, Pemex, Mexico's state oil company, reportedly removed this month's shipment from its schedule, according to Bloomberg. It says that the shipment was supposed to go out in mid-January and arrive by the end of the month. 

There's been no explanation for the sudden change, and when asked about it on Tuesday, Sheinbaum said, "The decision of when [oil] is sent and how it is sent is a sovereign decision, and it is determined by Pemex based on the contracts — or, in any case, by the government, as a humanitarian decision to send it under certain circumstances." 


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