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    Home > Finance > Russia will continue to supply oil to Cuba, RIA cites ambassador
    Finance

    Russia will continue to supply oil to Cuba, RIA cites ambassador

    Published by Global Banking & Finance Review®

    Posted on February 5, 2026

    1 min read

    Last updated: February 5, 2026

    Russia will continue to supply oil to Cuba, RIA cites ambassador - Finance news and analysis from Global Banking & Finance Review
    Tags:oil and gasInternational tradeenergy market

    Quick Summary

    Russia will keep supplying oil to Cuba despite US sanctions causing fuel shortages and blackouts. US-Cuba talks are ongoing amid tensions.

    Table of Contents

    • Russia's Commitment to Oil Supply
    • Impact of U.S. Sanctions
    • Cuba's Fuel Crisis

    Russia will continue to supply oil to Cuba, RIA cites ambassador

    Russia's Commitment to Oil Supply

    MOSCOW, Feb 5 (Reuters) - Russia has repeatedly supplied oil to Cuba in recent years, and will continue to do so, Russia's ambassador to Cuba Viktor Coronelli said in an interview with state news agency RIA.

    Impact of U.S. Sanctions

    "We assume that this practice will continue," he said.

    Cuba's Fuel Crisis

    U.S. President Donald Trump on Sunday said the United States had begun talks with "the highest people in Cuba," days after declaring Cuba "an unusual and extraordinary threat" to U.S. national security and threatening tariffs on the U.S.-bound exports of any nation that sends oil to the communist-run island.

    The U.S. has moved to block all oil from reaching Cuba, including that from ally Venezuela, pushing up prices for food and transportation and prompting severe fuel shortages and hours of blackouts, even in the capital Havana.

    (Reporting by Reuters; editing by Guy Faulconbridge)

    Key Takeaways

    • •Russia will continue supplying oil to Cuba.
    • •US sanctions aim to block oil reaching Cuba.
    • •Cuba faces severe fuel shortages and blackouts.
    • •US-Cuba talks initiated amid tensions.
    • •Russia's ambassador confirms ongoing oil supply.

    Frequently Asked Questions about Russia will continue to supply oil to Cuba, RIA cites ambassador

    1What is the impact of tariffs?

    Tariffs are taxes imposed on imported goods, which can increase prices for consumers and affect trade relationships. They are often used to protect domestic industries but can lead to retaliatory measures from other countries.

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