Hotel Closures in Cuba: Effects of the U.S. Oil Embargo

Hotel Closures After the U.S. Oil Embargo on Cuba

The Cuban government announced that some hotels will close due to fuel shortages. Tourists are planned to be redirected to alternative facilities. This situation is considered a direct consequence of the oil embargo imposed by the U.S.

Energy Usage Plan and New Regulations

Cuban Deputy Prime Minister Oscar Perez-Olivia stated in an interview with state television that a plan has been prepared to reduce energy consumption and make better use of the tourism season. Among the measures are the easing of procedures for the private sector's fuel imports and the limitation of certain public services.

State Station and Fuel Distribution

According to information from state news sources, gas stations selling in foreign currency will continue their operations; however, sales will be limited to 20 liters per person and vehicle.

Cuba's Energy Needs and U.S. Policies

Cuban President Miguel Diaz-Canel expressed his reaction against the oil embargo imposed on their country, stating that the U.S.'s aggressive policies must be condemned. It is reported that Cuba has a daily oil need of approximately 110 thousand barrels, while Venezuela can only meet 30 thousand barrels of this demand.

Recent Developments Regarding the U.S. Embargo

At the beginning of February, U.S. President Donald Trump signed a decree forecasting the imposition of customs duties on goods coming from countries that supply oil to Cuba. The White House argued that this decision is necessary for U.S. national security.