Cuba Fuel and Diesel Shortage Deepens Amid US Blockade – May 2026
Cuba has exhausted its fuel and diesel supplies as the ongoing US blockade intensifies the island's energy crisis. The Cuban government is reportedly weighing a conditional aid offer from the Trump administration as a potential relief measure. The situation represents a severe deterioration of Cuba's energy security with broad economic and humanitarian consequences for the island's population.
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Impact verdict
Medium impact. A complete fuel and diesel shortage in Cuba creates significant economic disruption and humanitarian risk for the island's 11 million population, with potential knock-on effects for marine cargo and energy coverage linked to Cuba operations. However, Cuba's limited integration with global insurance markets constrains overall insured loss exposure.
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