Big Take What Trump Wants in Cuba
Mar 24, 2026
Jim Wyss, Bloomberg reporter on Cuba and the Caribbean, and Eric Martin, Bloomberg foreign policy reporter, discuss Cuba’s power blackouts, oil squeeze and rising street discontent. They examine U.S. aims to replace foreign patrons, reported talks between leaders, diaspora investment hurdles and whether pressure, diplomacy or more force could shape Cuba’s future.
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Cuba's Economy Collapsed After Venezuela Oil Was Cut
- Cuba relied on a barter lifeline where Venezuela sent hundreds of thousands of barrels of oil per day in exchange for Cuban professionals.
- When the U.S. cut Venezuelan oil shipments on January 3rd, Cuba lost its main energy patron and immediate blackouts and economic collapse followed.
Fuel Blockade Triggered Widespread Blackouts And Humanitarian Strain
- Fuel shortages have caused nationwide blackouts, halted industry and closed resorts, worsening humanitarian needs.
- The U.N. says the government cannot deliver food and aid to vulnerable areas because there is not enough gasoline for vehicles.
Rare Public Protests Signal Growing Street Anger
- Despite bans on protests, Cubans have started high-profile demonstrations like attacking a local Communist Party seat in Morón.
- These rare public expressions show rising street-level dissatisfaction aimed at both local authorities and Washington.