Cuba’s Reliance Upon Venezuela for Cheap Oil Looms as Potential Threat - News Summed Up

Cuba’s Reliance Upon Venezuela for Cheap Oil Looms as Potential Threat


HAVANA, Cuba—The potential collapse of President Nicolás Maduro’s regime poses a threat to Cuba, which relies on Caracas for about 28% of the island’s oil needs. Venezuela’s opposition says the government’s longstanding oil-barter agreement with Cuba is irrational, coming amid an economic free fall at home, and benefits a Communist dictatorship it reviles.


Source: Wall Street Journal February 26, 2019 23:36 UTC



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