The crisis, which triggered a wave of nationwide blackouts, has its roots in the severance of subsidised Venezuelan oil following the fall of Cuban ally Nicolás Maduro in January.

US quietly ships 30,000 barrels to Cuba's private sector as state blockade holds

LatAmOil - Latin America Oil & Gas
By Cynthia Michelle Aranguren Hernández 25 March 2026
The United States has exported roughly 30,000 barrels of fuel to Cuba's private sector since early February, Reuters revealed, disclosing for the first time a carve-out that allows private Cuban firms to receive US supplies amid an oil blockade.
Hormuz closure threatens global chemicals supply chains, Fitch warns.

Hormuz closure threatens global chemicals supply chains, Fitch warns

DMEA - Downstream Middle East & Africa
By bnm Gulf bureau 25 March 2026
Fitch warns a prolonged Hormuz closure threatens global chemicals supply chains, with force majeure declarations already emerging and material credit risks building across Gulf, European and Asian producers.

Venezuela's two most powerful women pitch competing visions to investors

LatAmOil - Latin America Oil & Gas
By bnl editorial staff 25 March 2026
Venezuela's acting president Delcy Rodríguez is due to address an international investment summit in Miami on March 25, a day after opposition leader María Corina Machado made her own appeal to the energy industry at a separate Houston conference.

Losers and winners from the Qatari LNG disruption

AfrOil - Africa Oil & Gas
AsianOil - Asia Oil & Gas
EurOil - Europe Oil & Gas
FSUOGM - Former Soviet Union Oil & Gas
GLNG - Global LNG
LatAmOil - Latin America Oil & Gas
MEOG - Middle East Oil & Gas
NorthAmOil - North America Oil & Gas
By Newsbase 25 March 2026
While European and Asian importers have been hit hard by the disruption in Qatari LNG to varying degrees, the crisis has both short- and long-term benefits for US exporters and other LNG competitors.
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