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cuba hikes gasoline and diesel prices but filling stations remain shut

The full article is on the original publisher site. This page only shows the headline and a very short excerpt.
AI insight
AI-generatedCuba's fuel price hike reflects severe supply shortage caused by U.S. oil blockade. The mechanism is supply_shortage: limited crude imports (last shipment March 2026) lead to scarcity, driving official prices up ~50-90% and black market prices to $8-10/liter. Impact is country-specific (Cuba) with no global commodity price effect. Affected products: gasoline, diesel. No direct margin impact on listed companies.
Signals our AI researcher identified
Extracted by our AI model from this article and related public sources β not direct quotes from the publisher.
- Cuba raised premium gasoline price from $1.30 to $2.00 per liter, regular from $0.95 to $1.80, diesel from $1.10 to $2.00.
- Filling stations in Havana remain largely closed due to U.S. oil blockade limiting supply.
- Last significant oil shipment arrived in late March 2026.
- Black market gasoline prices surged to $8-$10 per liter.
- Private businesses import fuel at high costs, not available for public sale.