US Says Cuba is Barred From Receiving Russian Oil as Two Tankers Head to Island
The United States excluded Cuba from the temporary easing of sanctions on crude oil from Russia, at a time when the island is suffering one of its worst energy crises, aggravated by Washington's oil blockade, and two Russian tankers are heading to the Caribbean country loaded with hydrocarbons. The Treasury Department included the island in the list of exceptions to the measure that lifts restrictions on Russian crude oil stranded at sea, intended to stabilize markets amid the war launched by Washington and Israel against Iran and the disruption of traffic through the Strait of Hormuz.
TL;DR
- The U.S. Treasury Department excluded Cuba from a temporary exemption to sanctions on Russian crude oil.
- This exclusion occurs while Cuba is experiencing a severe energy crisis, worsened by the U.S. oil blockade.
- Two Russian oil tankers are heading to Cuba, carrying significant amounts of hydrocarbons.
- The U.S. Treasury's license prohibits the sale, delivery, or discharge of Russian crude or petroleum products to Cuba.
- The exemption for other countries is valid until April 11 and applies to crude already loaded on ships before March 12.