Energy crisis in Cuba worsens due to oil blockade as the Trump Administration seeks regime change.
What Happened? | Following an oil blockade imposed on Cuba by the United States, a steadily worsening energy crisis is gripping the island of Cuba as supplies slowly run out. Following the U.S. capture and extradition of former Venezuelan President Nicolas Maduro, Venezuela, Cuba's largest supplier of oil, ceased oil shipments to Cuban ports. | The Trump Administration threatened tariffs on any Latin American nations that supplied oil to Cuba, and shortly afterwards, Mexico, Cuba's second largest supplier of oil, also ceased shipments. Commercial air travel to Cuba is being scaled back due to the inability of aircraft to refuel after landing at Cuban airports. | Why it Matters | Due to fuel shortages stemming from the American blockade, disruptions to daily life are already becoming more common for millions of people in Cuba. The Trump Administration seeks regime change in Cuba, and has vowed to continue to apply heavy economic pressure until the current regime collapses. Thus far, the current government of Cuba has vowed to remain in power, but has emphasized that the Cuban people will have to make sacrifices. | | Don't Miss the $11/Share Window | πAlready invested early in EnergyX? Now is the time to add shares. | πΈπOur GET-Lit™ Production Technology has been independently validated for our Chilean project, advancing EnergyX into the next growth phase beyond piloting, towards full-scale commercial operation with a net present value (NPV) of $3.1 billion.* | ⏳Now you can reinvest at $11/share by 2/26. | πReinvest at our website before the share price increases and this unique window of opportunity closes | | Cuba has begun instituting emergency measures, which strictly limit how the remaining fuel can be utilized. State workers have already shifted to a four-day workweek to cut back on commuting costs, and fuel is being prioritized for hospitals and other essential services. Cuba's Deputy Prime Minister issued a statement saying, 'This is an opportunity and a challenge that we have no doubt we will overcome. We are not going to collapse.' | Transportation within Cuba is still functioning, but the cost has risen to the point where it is beyond the reach of most of the people who live there. Bus services have been disrupted, with some routes in Havana no longer operating. Commercial airlines have started cancelling flights to Cuba because planes are unable to refuel after landing. Limited transportation has already started driving prices up and supplies down for food and other commodities in Cuba. | For years, Cuba has been a close ally of Venezuela, and now that the U.S. has brought about regime change in Venezuela, the Trump Administration is seeking to accomplish the same thing in Cuba, but via economic pressure instead of direct military action. The Trump Administration has labeled Cuba a national security threat, though it did not explain how a nation as small as Cuba could threaten the security of the much larger United States. | How it Affects You | Regime change through economic pressure is a much more difficult and unpredictable endeavor than capturing a head of state through a surprise military operation. Keeping economic pressure on Cuba could lead to mass unemployment or widespread hunger, which in turn could drive ordinary Cubans into the arms of the current regime because they blame the U.S. for their suffering. Which means there is a risk that the plan to bring about regime change in Cuba could backfire. | | More breaking news below… | Ukrainian military claims new Sunray anti-drone laser system is operational and being used against Russia. Read more here… | | *Disclaimer: This is a paid advertisement for EnergyX's Regulation A+ Offering. Please read the offering circular at invest.energyx.com/. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC. |
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