FT News Briefing Should BP get more credit for its turnaround effort?
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Feb 11, 2026 
Jude Weber, FT journalist on Cuba, explains how jet fuel shortages are crippling tourism and daily life. Camilla Palladino, FT Lex deputy head, breaks down BP’s turnaround, from cost cuts and asset sales to a big Brazil discovery and paused buybacks. Short, topical conversations on geopolitics, energy strain, and corporate strategy.
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Commerce Secretary's Epstein Visit
- Howard Lutnick said he visited Jeffrey Epstein's private island with his family in 2012 and had lunch on the island.
- DOJ documents show he had more extensive contact with Epstein than previously known, prompting Senate scrutiny.
Cuba's Tourism And Power Crisis
- Cuba faces jet fuel shortages after a month without deliveries, forcing airlines to cancel flights and hotels to consolidate.
- Power cuts and rationing are widespread, hurting poorer Cubans more than wealthier residents with solar panels.
U.S. Pressure Limits Cuba's Options
- The U.S. aims for regime change in Cuba and has pressured suppliers like Venezuela and Mexico to cut shipments.
- Washington warned countries and firms that sell oil to Cuba they could face tariffs, limiting immediate alternatives.