Updated
Updated · Reuters · May 15
Cuba Nearly Doubles Fuel Prices to $2 a Liter as Havana Stations Stay Shut
Updated
Updated · Reuters · May 15

Cuba Nearly Doubles Fuel Prices to $2 a Liter as Havana Stations Stay Shut

5 articles · Updated · Reuters · May 15
  • $2.00-per-liter pump prices for premium gasoline and diesel took effect Friday, with regular gasoline rising to $1.80, but most public filling stations in Havana remained closed.
  • The government said the increases reflect the actual cost of imports as a U.S. oil blockade has choked supply; officials have not said when fuel at the new rates will be available.
  • Cuba has received no oil shipments since a 700,000-barrel Russian cargo arrived in late March, and officials said that supply ran out in early May after covering only a couple of weeks' demand.
  • Black-market gasoline has climbed to $8-$10 a liter, while some private businesses are importing fuel from the U.S. and elsewhere at high cost, generally without selling it to the public.
As the U.S. blockade strangles Cuba's oil supply, could this crisis force a rapid shift to renewable energy?
With U.S. warships blocking fuel, can international aid reach Cuba before its humanitarian crisis becomes a catastrophe?