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Global Business News

The Economic Times

Global Business / The Economic Times

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Cuba readies for first Russian oil shipment of the year as energy crisis deepens

Cuba anticipates its first Russian oil shipment this year amid ongoing power outages. A Russian tanker carrying 730,000 barrels is en route, potentially easing the island's energy crisis. Another vessel with diesel is also reportedly heading to Cuba. These shipments aim to support critical sectors. International aid is also arriving to help Cuba navigate its deepening economic and energy challenges.

20 Mar 2026 7:44 am