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'No oil, no money, no anything': Trump talks tough as Cuba grapples with deep economic crisis —will Havana budge?

TT Editor·Updated: 18 Feb 2026 4:25 pm IST
Read time: 1 min
'No oil, no money, no anything': Trump talks tough as Cuba grapples with deep economic crisis —will Havana budge?

Cuba is currently experiencing a severe economic crisis, exacerbated by recent pressures from the United States. Following the U.S. capture of Venezuelan leader Nicolás Maduro, Washington has urged Havana to undertake significant political and economic reforms. The island is grappling with acute fuel shortages that have led to the suspension of schools and a halt in tourism and mining activities. This has resulted in escalating food scarcity, further straining the nation’s economy. The U.S. government's hardline stance, particularly from former President Donald Trump, emphasizes the message that without economic concessions from Cuba, the situation is unlikely to improve. As Cuba navigates this challenging landscape, the question remains whether the government will respond to external pressures or seek alternative solutions amidst the deepening crisis.

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