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Trump administration sanctions Cuba’s national oil company, blasts Castros

energy crisis. The sanctions not only freeze any US-based assets Union Cuba-Petroleo may have, but they also bar any entity with operations in the US from doing business with the company. While power

Cuba says it has ‘legitimate’ right to defend itself amid US threats

consequences, plus the destructive impact on regional peace and stability.” The remarks from the Cuban president come one day after a report in the news outlet Axios, citing classified information shared with it, claiming that

‘Homeland or death’: How Cuba would defend itself against a US attack

blockade](/economy/2026/5/9/a-year-of-resistance-cubas-private-sector-faces-trumps-oil-blockade), and the loss of Venezuelan energy supplies following [Nicolas Maduro’s abduction and ouster](/news/2026/3/26/venezuelas-maduro-set-to-again-appear-in-us-court-how-strong-is-the-case) from Caracas. ## The Venezuela model ‘won’t work in Cuba’ When US forces abducted Maduro on January

Short-term gains for China from US-Iran war may turn to longer-term pain

consequences of a Taiwan contingency due to an energy cutoff?” Shen said. Although oil accounts for less than one-fifth of China’s total energy mix, that share is much higher in sectors such