Cuba will eliminate fixed price of fuel in dollars due to tightening of the blockade

Published at: 12/05/2026 03:08 PM

The Cuban Ministry of Finance and Prices announced that, starting Friday, May 15, the fixed price for the sale of fuel in dollars will be eliminated. Instead, a fluctuating rate will be established that will be adjusted according to the actual costs of each business transaction carried out.

This decision responds directly to the intensification of the blockade and the sanctions imposed by the United States (USA) against the island. According to Cuban authorities, these external pressures have generated a complex situation in the national energy market.

The measure seeks to mitigate the impact of the drastic decline in fuel supplies that the country has experienced recently. The government argues that the current sanctions scenario makes it difficult to maintain static prices in the face of the volatility of import operations.

With this adjustment, Cuba's foreign exchange fuel market will enter a new phase of economic management adapted to supply conditions. The regulations will take effect at the close of this week to restructure marketing in the sector.

Mazo News Team