-
Kenya's economy faces climate change risks: World Bank
-
Baltics transform from Soviet stagnation to startup hubs
-
AI keeps consumer prices high in 'RAMaggedon' chip crunch
-
Five of Cuba's 15 provinces without power as grid fails again
-
Baltic startups take aim at deterring Russia on NATO's eastern flank
-
OPEC+ tipped to raise production again but new quotas loom
-
France's largest wildfire in decades 'under control', says minister
-
South Korea baseball league cancels two games over heatwave
-
Warsaw and Kyiv exhume Volyn victims at centre of diplomatic quarrel
-
India PM Modi says he forgives protesters who abused him
-
California lifeguards wiped out from extreme weather
-
US plans steep water cuts for southwest amid Colorado River crisis
-
Amazon surges as US stocks shrug off bond yield worries
-
Oil giants report blowout profits on war, warn high gas prices could persist
-
Hungary to shut nuclear plant as heatwave hits central Europe
-
Google launches new satellite image AI tool, alarming researchers
-
Tech-fuelled rally fizzles as oil prices rise
-
US Fed dissenters call for rate hikes over sustained inflation
-
Alarm over climate-linked low level of German waterways
-
New York sues online prediction markets giant Kalshi
-
Commerzbank agrees to talks with UniCredit after two-year standoff
-
Profits surge at US oil giant amid Iran war supply shock
-
Fornaro Legal Releases Guidance to Help Businesses Maintain Clear Ownership Records During Growth
-
Stock markets rally on tech rebound
-
Japan probe made closest-ever asteroid flyby: space agency
-
France, Spain assess scorched terrain as new wildfires threaten other regions
-
British oil giant BP aims to sell North Sea business
-
Chipmaker Kioxia reports AI-driven 45-fold surge in quarterly net profit
-
China factory activity slides as leaders seek spending boost
-
Far right and far left battle for power in polarised Berlin
-
Tech rebound fuels record-breaking rally in South Korean stocks
-
The last trio: S.Africa's zoo elephants await their fate
-
Cables and cooling bring AI windfall to Indian suppliers
-
Oil industry sees war windfall but girds for political blowback
-
Anthropic's models gained unauthorized 'real-world' access during testing
-
Amazon beats expectations with cloud and AI growth
-
Apple tops estimates in CEO Cook's final quarter, but shares fall
-
Blowout Microsoft results lift US stocks as oil retreats
-
Milei demands expulsion of foreigners expressing 'hate' against Argentina
-
'Beginning of the end': Relief but no party as French wildfire winds down
-
Italy's Po River valley on drought alert
-
Southern Europe 'becoming more flammable' in hotter climate, experts say
-
Prada profits pinched as growth hard to chase
-
Mammoth bones found on parched bed of Danube in Bulgaria
-
Stocks climb on earnings and rates, oil retreats
-
MEXC Lists Grvt (GRVT) with $60,000 Worth of GRVT and 10,000 USDT in Airdrop+ Rewards
-
US economic growth slows in second quarter, missing expectations
-
George and Amal Clooney flee French home due to wildfire
-
Russia adds Telegram founder Durov to 'terrorist' blacklist
-
MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali
Toppling of Venezuela's Maduro stirs fear in Cubans
Cubans weary from years of economic crisis, shortages of basic supplies and regular power blackouts, fear the US attack on Venezuela, a leftist ideological ally and its main oil supplier, will see life get even tougher.
After American forces seized Venezuela's leader Nicolas Maduro in an early-morning raid, US President Donald Trump over the weekend issued threats to other leftist leaders in the region and said he thought Cuba was "ready to fall."
He played down the need for US military action on the island, saying it would be hard for Havana to "hold out" without Venezuelan oil, and "it looks like it's going down."
"2026 is going to be tough, very tough," Axel Alfonso, a 53-year-old working as a driver for a state enterprise, told AFP in the capital Havana on Monday.
"If Venezuela is the main supplier, at least of oil, it's going to get a bit complicated," said Alfonso who, like the vast majority of Cubans, has lived his whole life under a bruising US trade embargo in place since 1962.
The communist-run island has seen 13 US administrations come and go, some more punishing than others.
"We've been fighting for 60 years, and we have to keep going," Alfonso said.
- 'Uncertainty' -
Located roughly 90 miles (about 145 kilometers) from the coast of Florida, Cuba's last major economic test followed the implosion in 1991 of the Soviet Union, a major trade partner and source of credit.
It survived by opening up to tourism and foreign investment.
Since 2000, Havana has increasingly relied on Venezuelan oil under a deal struck with Maduro's predecessor Hugo Chavez, in exchange for Cuban doctors, teachers, and sports coaches.
In the last quarter of 2025, Venezuela sent Cuba an average of 30,000 – 35,000 barrels a day, "which represents 50 percent of the island's oil deficit," Jorge Pinon, an energy expert and researcher at the University of Texas, told AFP.
The number was much higher 10 years ago, slashed by the global oil price crash that sent Venezuela's own economy into turmoil.
For the past six years, Cuba has been mired in an ever-deepening crisis caused by a toxic combination of tighter US sanctions, poor domestic management of the economy and the collapse of tourism due to the Covid-19 pandemic.
GDP has fallen by 11 percent in five years and the government faces a severe shortage of currency to pay for basic social services: electricity, healthcare and supplying subsidized food and other basic goods that many Cubans have learned to rely on.
Economic hardship was a trigger for the unprecedented anti-government demonstrations of July 11, 2021, when thousands of Cubans took to the streets shouting "We are hungry" and "Freedom!"
Since then, ever more frequent and longer power cuts and shortages of food and medicine have deepened discontent and led to sporadic, smaller protests, quickly contained by the government.
Now, many fear that the loss of Venezuelan oil will make matters even worse.
"We're living in a moment of uncertainty," attorney Daira Perez, 30, told AFP.
- No bailout -
Pinon said it was "not clear whether shipments of Venezuelan oil to Cuba will continue," especially in the context of the recent US seizure of oil tankers in the Caribbean.
And he highlighted that "Cuba doesn't have the resources to buy that volume on international markets, nor a political partner to bail it out."
Despite concerns for the future, long-suffering Cubans put on a brave face.
"He (Trump) keeps making tough threats," said Havana resident Roberto Brown, 80, who was a young man during the 1962 Cuban Missile Crisis that brought the world to the brink of nuclear war.
"We already told him once: we're 90 miles away, and a long-range missile from over there reaches here, but the one from here reaches there too," said Brown.
L.Peeters--CPN