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flag U.S. allows limited resale of Venezuelan oil to Cuba’s private sector and aid groups, blocking government and military access.

flag The United States. flag On February 25, 2026, the Treasury's Office of Foreign Assets Control announced a new policy that allows for the licensed resale of Venezuelan-origin oil to Cuba's private sector and humanitarian groups while prohibiting transactions that benefit the Cuban government, military, or intelligence services. flag The move follows the United States. flag The takeover of Venezuela's oil exports follows President Nicolás Maduro's removal in January 2026, and it aims to alleviate Cuba's severe fuel shortage while maintaining broader sanctions. flag The policy allows for commercial and humanitarian use, but companies must meet strict compliance standards, such as cash payments or bank guarantees, limiting Cuba's ability to access oil despite the change.

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