Marketplace®

Daily business news and economic stories
Jul 10, 2023

Fuel crisis forces Cuba to turn to an old ally

From the BBC World Service: Cuba is in the grip of a crippling fuel crisis. People are having to queue for days for gas as well as endure widespread blackouts. Now the Cuban leadership has turned to an old ally for help: Russia. Plus, President Biden arrived in London today. The war in Ukraine is likely to be the main focus but they are expected to cram a lot in, particularly around the trade of minerals key to the green energy transition. And, South Korean pop sensation BTS has launched an eagerly-awaited book to mark their tenth anniversary.

Download
A bus charges fuel at a gas station in Havana, on October 27, 2022. - The long lines continued this Thursday at gas stations in Cuba, one day after the state-run Cuba-Petroleum Union (Cupet) announced "a deficit in the availability of fuel" and "difficulties" in its transportation. (Photo by YAMIL LAGE / AFP) (Photo by YAMIL LAGE/AFP via Getty Images)
A bus charges fuel at a gas station in Havana, on October 27, 2022. - The long lines continued this Thursday at gas stations in Cuba, one day after the state-run Cuba-Petroleum Union (Cupet) announced "a deficit in the availability of fuel" and "difficulties" in its transportation. (Photo by YAMIL LAGE / AFP) (Photo by YAMIL LAGE/AFP via Getty Images)

Subscribe:

The Team