Business & Economics
US Tariffs Threat on Cuba’s Oil Imports Forces Mexican Diplomatic Tightrope
On 30 Jan 2026, Donald Trump’s executive order threatening tariffs on any nation exporting oil to Cuba jolted Mexico’s President Claudia Sheinbaum into restarting suspended fuel deliveries while rushing to negotiate with Washington to dodge economic blowback.
Focusing Facts
- The order, signed 30 Jan 2026, brands Cuba an “unusual and extraordinary threat” to US security and empowers tariffs on imports from countries that ship the island its required ~100,000 b/d of foreign fuel.
- Pemex and its affiliate exported 20,100 b/d of crude and 2,700 b/d of refined products to Cuba in 2024—about 1 % of Mexico’s output—worth roughly US$600 million.
- State utility UNE reports Cuba’s generators are producing only ~1,200 MW against 3,300 MW demand, leading to blackouts of up to 20 hours.
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Perspectives in this article
- Latin American progressive media
- Global financial & business press
- Energy-industry outlets & Cuba-aligned reporting