BR100 Decreased By (-0.04%)
BR30 Decreased By (-0.09%)
KSE100 Decreased By (-0.02%)
KSE30 Decreased By (-0.08%)
AGHA 6.69 Increased By ▲ 0.02 (0.3%)
BECO 4.37 Increased By ▲ 0.02 (0.46%)
BML 56.60 Increased By ▲ 0.43 (0.77%)
BOP 30.09 Decreased By ▼ -0.03 (-0.1%)
CNERGY 12.90 Decreased By ▼ -0.08 (-0.62%)
CSIL 5.30 Decreased By ▼ -0.01 (-0.19%)
FCCL 51.80 Increased By ▲ 0.15 (0.29%)
FFL 14.50 Increased By ▲ 0.01 (0.07%)
FNEL 1.21 No Change ▼ 0.00 (0%)
KEL 6.05 Decreased By ▼ -0.01 (-0.17%)
KOSM 5.77 Decreased By ▼ -0.07 (-1.2%)
LOTCHEM 26.50 Increased By ▲ 0.33 (1.26%)
MLCF 90.89 Decreased By ▼ -0.34 (-0.37%)
NBP 163.85 Decreased By ▼ -0.34 (-0.21%)
NCPL 53.15 Decreased By ▼ -0.03 (-0.06%)
NPL 59.23 Increased By ▲ 0.11 (0.19%)
OGDC 314.13 Increased By ▲ 0.74 (0.24%)
PACE 9.82 Increased By ▲ 0.05 (0.51%)
PAEL 35.15 Decreased By ▼ -0.09 (-0.26%)
PIBTL 14.67 Decreased By ▼ -0.04 (-0.27%)
PPL 220.30 Decreased By ▼ -1.06 (-0.48%)
PRL 91.26 Increased By ▲ 0.04 (0.04%)
PTC 59.39 Increased By ▲ 0.20 (0.34%)
SSGC 23.30 No Change ▼ 0.00 (0%)
TBL 8.82 Increased By ▲ 0.07 (0.8%)
TELE 7.63 Increased By ▲ 0.02 (0.26%)
TPL 22.20 Increased By ▲ 0.17 (0.77%)
TPLP 12.60 Increased By ▲ 0.04 (0.32%)
TREET 21.69 Decreased By ▼ -0.04 (-0.18%)
TRG 55.85 Increased By ▲ 0.06 (0.11%)
By

MATANZAS (Cuba): A Russian oil tanker docked in a Cuban port on Tuesday to deliver the first crude shipment to the island since January after Washington gave the crisis-hit country a reprieve from a fuel blockade.

The Anatoly Kolodkin, a tanker under US sanctions, entered the port of Matanzas, east of Havana, after sunrise to deliver 730,000 barrels of crude, AFP journalists said.

US President Donald Trump’s decision to let Russia deliver the oil avoids a confrontation with Moscow and provides temporary relief to a country that has endured blackouts, fuel rationing and dwindling public transportation.

“It’s great that the country is receiving oil because we need it for the crisis we are facing,” Yoanna Rivero, a 49-year-old pharmacy worker who was exercising near the port, told AFP.

Felipe Serrano, a 76-year-old security guard, was waiting for the Russian ship to arrive.

“This is crucial for us to be able to survive because the country has paralyzed,” he said.

Analysts, however, said the shipment would only give Cuba a brief respite.

“It can offer temporary breathing room, but it does not come close to resolving the scale of the deficit the country is facing,” Ricardo Torres, a Cuban economist at American University in Washington, told AFP.

“It is clearly not enough,” he said, noting that Cuba’s power problems are “structural rather than episodic.”

Cuban Energy and Mining Minister Vicente de la O Levy thanked Russia for the support, saying on X that the “valuable shipment arrives in the middle of the complex energy situation that we are facing.”

Trump, who has mused about “taking” communist-ruled Cuba, said Sunday that he did not object to Russia or others sending oil to the island because Cubans “have to survive.”

The White House denied that there was any change to US sanctions policy.

“We allowed this ship to reach Cuba in order to provide humanitarian needs to the Cuban people. These decisions are being made on a case-by-case basis,” White House Press Secretary Karoline Leavitt said.

Comments

Comments are closed for this article.