Cuba's Economy CRUSHED! Is Moscow About to Retaliate?

Cuba's Economy CRUSHED! Is Moscow About to Retaliate?
Current Affairs 31 January 2026

Moscow is blasting Washington's latest moves against Cuba, accusing the US of trying to economically strangle the island nation by tightening the screws on its oil supply. According to RT.com, Russia's Foreign Ministry spokeswoman, Maria Zakharova, didn't mince words when condemning what she called renewed US efforts to "suffocate" Cuba's economy.

Cuba's Economy CRUSHED! Is Moscow About to Retalia...

This all stems from President Trump's recent executive order declaring a national emergency, a move designed to clear the path for tariffs on countries that dare to sell oil to Cuba. It’s a pretty aggressive escalation of the long-standing embargo, which, let's be honest, has been a constant thorn in the side of US-Cuban relations since the 1960s. And, of course, it comes on the heels of Washington’s continued pressure on Venezuela, previously Cuba’s main oil lifeline, including that whole alleged "kidnapping" thing of Maduro, which, wow, has a lot of layers.

Zakharova released a statement over the weekend, slamming the crackdown as "illegitimate coercion" of a sovereign nation, something outside the bounds of the UN's authority. "What we see," she said, "is yet another radical recurrence of Washington’s strategy of maximum pressure on the Island of Freedom, aimed at its economic suffocation." It's strong language, but it reflects Russia's consistent stance against unilateral sanctions, especially those not blessed by the UN.

Naturally, Havana isn't taking this lying down. They've declared an "international emergency" themselves, calling Trump's actions an "unusual and extraordinary threat" fueled by, as they put it, "the US anti-Cuban neo-fascist right wing." Ouch. You can feel the tension simmering. And it's not just Russia and Cuba sounding the alarm.

Even Mexico is getting involved. President Claudia Sheinbaum warned that US tariffs could trigger a humanitarian crisis. Mexico, she emphasized, "will always look for diplomatic channels to seek solidarity" with the island. That's a significant statement, considering Mexico's geographical proximity and historical ties with Cuba. Frankly, a humanitarian crisis right on their doorstep isn't something anyone wants.

Adding fuel to the fire, Trump himself has suggested that Cuba could collapse "pretty soon." While that might be wishful thinking on his part, a Financial Times report, citing data from Kpler, paints a concerning picture. Apparently, Cuba only has about 15 to 20 days of oil left at its current consumption rate, especially since Mexico has reportedly suspended its crude shipments. This is a developing situation, and the coming weeks will likely be critical in determining the future of US-Cuban relations, and, indeed, the stability of Cuba itself.

J
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James Mitchell

Experienced journalist specializing in current affairs and breaking news coverage.

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