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Trump cut off Cuba’s oil. Now it’s heading for economic collapse.

33 snips
Feb 10, 2026
Justin Lahart, WSJ economics reporter who breaks down U.S. labor trends, and José de Córdova, WSJ Latin America correspondent who covers Cuba’s collapse. They unpack Cuba’s severe fuel shortages, emergency measures and long-term political risks. They also explain why U.S. hiring has slowed, from low quits to rate and immigration effects.
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INSIGHT

Cuba Faces An Imminent Economic Meltdown

  • Cuba faces an acute fuel shortage that has triggered cuts to workweeks and medical services nationwide.
  • José de Córdova warns the island is on the brink of an economic meltdown as oil supplies run dry.
INSIGHT

U.S. Pressure Severed Cuba's Oil Lifelines

  • U.S. pressure has choked off Cuba's access to Venezuelan oil and prompted Mexico to pause supplies.
  • Trump signaled readiness for talks while increasing sanctions that deepen Cuba's vulnerability.
INSIGHT

Limited Opposition Lowers Chances For Swift Regime Change

  • Cuba lacks an organized internal opposition, limiting prospects for negotiated regime change.
  • José de Córdova expects conditions to worsen before improving, making talks unlikely to yield quick results.
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