Cuba Faces Deepening Crisis: US Oil Pressure Fuels Food Costs, Blackouts, Fuel Shortages
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Firstpost•31-01-2026, 19:37
Cuba Faces Deepening Crisis: US Oil Pressure Fuels Food Costs, Blackouts, Fuel Shortages
- •Cuba is experiencing its most severe economic crisis since the 1991 collapse of the Soviet Union, exacerbated by renewed US pressure.
- •The country faces widespread power cuts, sharply rising prices for food, fuel, and transport, pushing the population into survival mode.
- •The crisis intensified after the US deposed Venezuelan leader Nicolas Maduro, cutting off cheap oil supplies, and imposed tariffs on countries supplying Cuba.
- •Havana, once relatively spared, now endures long power outages and fuel scarcity, impacting daily life, transportation, and even electric vehicles.
- •Despite intense hardship and the peso's sharp decline, mass demonstrations have not materialized due to suppression of dissent and significant emigration.
Why It Matters: US pressure and oil shortages have plunged Cuba into its worst economic crisis since 1991, causing severe hardship.
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