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Home Business & Economy
Russian oil tanker docks in Cuba after US blockade relief

Workers on a tugboat guide the Russian oil tanker Anatoly Kolodkin as it arrives at the oil terminal in the port of Matanzas, northwestern Cuba, on March 31, 2026. The Anatoly Kolodkin, a tanker under US sanctions carrying 730,000 barrels of crude, is set to deliver the first crude shipment to Cuba since January after Washington gave the crisis-hit island a reprieve from an effective fuel blockade.

Russian oil tanker docks in Cuba after US blockade relief

NEWS.IQ by NEWS.IQ
March 31, 2026
in Business & Economy
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A Russian oil tanker docked in a Cuban port on Tuesday to deliver the first crude shipment to the island since January after Washington gave the crisis-hit country a reprieve from its fuel blockade.

The Anatoly Kolodkin, a tanker under US sanctions, entered the port of Matanzas, east of Havana, after sunrise to deliver 730,000 barrels of crude following a three-week journey from Russia.

US President Donald Trump’s decision to let Russia deliver the oil avoids a confrontation with Moscow and provides temporary relief to a country that has endured blackouts, fuel rationing and dwindling public transportation.

“It’s great that the country is receiving oil because we need it for the crisis we are facing,” Yoanna Rivero, a 49-year-old pharmacy worker who was exercising near the port, told AFP.

Felipe Serrano, a 76-year-old security guard, was waiting for the Russian ship to arrive.

“This is crucial for us to be able to survive because the country is paralyzed,” he said.

Analysts, however, said the shipment would give Cuba only a brief respite.

“It can offer temporary breathing room, but it does not come close to resolving the scale of the deficit the country is facing,” Ricardo Torres, a Cuban economist at American University in Washington, told AFP.

“It is clearly not enough,” he said, noting that Cuba’s power problems are “structural rather than episodic.”

Cuban Energy and Mining Minister Vicente de la O Levy thanked Russia for the support, saying on X that the “valuable shipment arrives in the middle of the complex energy situation that we are facing.”

The Russian embassy in Cuba replied to his post that it was “a duty to help our Cuban brothers under these difficult conditions!”

Trump, who has mused about “taking” communist-ruled Cuba, said Sunday that he did not object to Russia or others sending oil to the island because Cubans “have to survive.”

The White House denied that there was any change to US sanctions policy.

“We allowed this ship to reach Cuba in order to provide humanitarian needs to the Cuban people. These decisions are being made on a case-by-case basis,” White House Press Secretary Karoline Leavitt said.

The Kremlin said the shipment was discussed in advanced with Washington.

– Driving Cuba ‘to the brink’ –

Cuba was cut off from oil supplies in January after US forces ousted its main regional ally, Venezuela’s socialist leader Nicolas Maduro, and Trump threatened tariffs on countries that send crude to the country.

While Trump has warned that “Cuba is next,” President Miguel Diaz-Canel confirmed in March that Cuban and US officials had held talks.

Ricardo Herrero, executive director of the Cuba Study Group, a nonpartisan policy group in Washington, said the aim of restricting oil was to force Havana “to make real concessions at the negotiating table.”

“The strategy here is to drive the system to the brink,” Herrero told AFP. “But it’s not to precipitate a full-blown societal or humanitarian collapse.”

“It’s all consistent with idea that the US holds all the cards and they’ll decide when to hold, when to fold and when they go all in,” he said.

– Two weeks of diesel –

Cubans have endured seven nationwide blackouts since 2024, including two in March, and fuel prices have soared.

The blackouts as well as persistent shortages of food and medicine have fueled public frustration and some rare protests.

Jorge Pinon, an expert on Cuba’s energy sector at the University of Texas at Austin, said the more urgent need is diesel, which could be used for backup power generators or for transportation systems to keep the economy running.

It would take a month to refine the oil and deliver the diesel, which would be enough to cover demand for about two weeks, he said.

Herrero said the shipment was just “another donation” by Cuba’s Russian ally, but he doubted that Moscow wanted to subsidize the Cuban economy in the long term.

“This is not going to help the economy recover,” he said. “This is just humanitarian aid.”

lis-lt/js

© Agence France-Presse

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