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Cuba fears economic collapse as US seizures of Venezuela-linked oil tankers surge

Updated on: 11 January,2026 12:51 PM IST  |  Havana
Agencies |

Growing US seizures of Venezuela-linked oil tankers have raised alarm in Cuba, where experts warn that a halt in oil supplies could trigger deeper economic collapse, social unrest and a fresh wave of mass migration

Cuba fears economic collapse as US seizures of Venezuela-linked oil tankers surge

A demonstrator holds an allusive poster during a march in Caracas. Pic/AFP

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As US seizures of Venezuela-linked oil tankers surge, concerns grow in Cuba about whether the island’s government and economy will survive. Experts warn that a sudden halt in Venezuelan oil shipments to Cuba could lead to widespread social unrest and mass migration following the stunning US military raid that resulted in the capture of former President Nicolás Maduro.

Long before the January 3 attack, severe blackouts were sidelining life in Cuba, where people endured long lines at gas stations and supermarkets amid the island’s worst economic crisis in decades.


The lack of Venezuelan oil could push Cuba over the brink, experts say. “This will take an already dire situation to new extremes,” said Michael Galant, senior research and outreach associate at the Centre for Economic and Policy Research in Washington, DC. “This is what a collapsing economy looks like.” Galant said he believes that’s the goal of the Trump administration, “to cause such an indiscriminate suffering in the civilian population as to instigate some sort of uprising, regime change.” 



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