Name: Trump Says No More Venezuelan Oil or Money to Go to Cuba, Pushes for Deal
Uploaded: 2026-01-12T00:27:13.000Z
Description: President Donald Trump on Sunday said no more Venezuelan oil or money will go to Cuba and suggested the Communist-run island should strike a deal with Washington.

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HAVANA/HOUSTON—President Donald Trump on Sunday said no more Venezuelan oil or money will go to Cuba and suggested the Communist-run island should strike a deal with Washington.

Venezuela is Cuba's biggest oil supplier, but no cargoes have departed from Venezuelan ports to the Caribbean country since the capture of Venezuelan leader Nicolas Maduro by U.S. forces in early January amid a strict U.S. oil blockade on the OPEC country, shipping data shows.

Meanwhile, Caracas and Washington are progressing on a $2 billion deal to supply up to 50 million barrels of Venezuelan oil to the United States with proceeds to be deposited in U.S. Treasury-supervised accounts, a major test of the emerging relationship between Trump and interim President Delcy Rodriguez.

"THERE WILL BE NO MORE OIL OR MONEY GOING TO CUBA—ZERO! I strongly suggest they make a deal, BEFORE IT IS TOO LATE," Trump wrote on his Truth Social platform on Sunday.

"Cuba lived, for many years, on large amounts of OIL and MONEY from Venezuela," Trump added.

Cuban leader Miguel Diaz-Canel rejected Trump's threat on social media, saying the regime is "ready to defend the homeland to the last drop of blood."

The U.S. president did not elaborate on his suggested deal.

But Trump's push on Cuba represents the latest escalation in his move to bring regional powers in line with the United States and underscores the seriousness of the administration's ambition to dominate the Western Hemisphere.

Trump's top officials, including Secretary of State Marco Rubio, have made no secret of their expectation that the recent U.S. intervention in Venezuela could push Cuba over the edge.

Cuban Foreign Minister Bruno Rodriguez said in another post on X on Sunday that Cuba had the right to import fuel from any suppliers willing to export it. He also denied that Cuba had received financial or other "material" compensation in return for security services provided to any country.

Thirty-two members of Cuba's armed forces and intelligence services were killed during the U.S. raid on Venezuela. Cuba said those killed were responsible for "security and defense" but did not provide details on the arrangement between the two long-time allies.

Cuba relies on imported crude and fuel mainly provided by Venezuela, and Mexico in smaller volumes, purchased on the open market to keep its power generators and vehicles running.

As its operational refining capacity dwindled in recent years, Venezuela's supply of crude and fuel to Cuba has fallen. But the South American country is still the largest provider with some 26,500 barrels per day exported last year, according to ship tracking data and internal documents of state-run PDVSA, which covered roughly 50 percent of Cuba's oil deficit.

It's hard for many Cubans to imagine a situation much worse. The Cuban communist regime has been struggling to keep the lights on. A majority live without electricity for much of the day, and even the capital Havana has seen its economy crippled by hours-long rolling blackouts.

Shortages of food, fuel, and medicine have put Cubans on edge and have prompted a record-breaking exodus, primarily to the United States, in the past five years.

Mexico has emerged in recent weeks as a critical alternative oil supplier to the island, but the supply remains small, according to the shipping data.

Mexican President Claudia Sheinbaum last week said her country had not increased supply volumes, but given recent political events in Venezuela, Mexico had turned into an "important supplier" of crude to Cuba.

The CIA's view is that key sectors of the Cuban economy, such as agriculture and tourism, are severely strained by frequent blackouts, trade sanctions and other problems. The potential loss of oil imports and other support from Venezuela could make governing more difficult for Diaz-Canel.

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