The United Arab Emirates (UAE) has announced its departure from the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance, effective May 1, 2026, after nearly 60 years of membership since joining in 1967. This move represents a significant blow to the oil cartel, particularly its de facto leader Saudi Arabia, and … Read more
Cuba needs roughly 100,000–120,000 barrels per day (bpd) of petroleum products but produces only 24,000–32,000 bpd domestically — leaving an import gap of 60,000–80,000+ bpd that must be filled entirely through Cuba oil imports, according to CEIC data. ⚡ Crisis update (May 2026): Venezuela resumed limited shipments (~1M barrels, week of Mar 27). Trump signaled … Read more
Cuba is experiencing the worst energy crisis in its modern history. Cuba’s Energy Minister Vicente de la O Levy warned in mid-May 2026 that the country had completely run out of diesel and fuel oil — “not a drop of fuel, diesel, only associated gas.” On the same day, the electricity generation deficit exceeded 2,204 … Read more
Cuba oil is one of the most geopolitically charged subjects in energy today. On an island of 11 million people just 90 miles from the Florida coast, oil is not merely a commodity — it is the lifeblood of the entire economy, the source of nearly all electricity, and the lever through which foreign powers … Read more
The current crisis in Cuba has reached a critical point, creating unprecedented momentum for potential change at the Cuba regime end era. Decades of centralized control, economic mismanagement, and external dependencies have culminated in severe hardships, widespread discontent, and international pressure that could force dramatic political shifts. A Viral Facebook Poll Reveals Deep Public Frustration … Read more
The Strait of Hormuz — the narrow waterway between Iran and Oman — carries about a fifth of the world’s seaborne oil. When Iran effectively closed it at the start of the 2026 war, the forecasts were apocalyptic. Analysts talked about $150 a barrel. Some said $200. A 1973-style oil shock, on steroids. It did … Read more