Trump administration eases grip on oil shipments to Cuba

Published



The Trump administration announced it would ease restrictions on fuel shipments to Cuba after weeks of a fuel shortage that has caused an energy crisis on the island. 

The Treasury Department released new guidance allowing U.S. companies to apply for licenses for the resale of Venezuelan oil for use in Cuba. The guidance from both the Treasury and Commerce Departments does not allow the resale of oil to the Cuban government or to military-affiliated entities. 

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