Overview
- Commercial tracking data show Mexico averaged about 12,284 barrels per day to Cuba last year, making it Havana’s primary crude source.
- A tanker identified as Ocean Mariner arrived in Havana recently with roughly 85,000–86,000 barrels of Mexican crude, according to the University of Texas Institute of Energy.
- President Claudia Sheinbaum defends the oil deliveries as a sovereign, humanitarian choice, offers Mexico as a channel for U.S.–Cuba dialogue, and promises detailed shipment disclosures that have not yet been published.
- President Trump warns there will be “no more oil or money” for Cuba without an agreement, while Energy Secretary Chris Wright says the U.S. has not asked Mexico to halt supplies.
- Analysts warn of heightened geopolitical and legal exposure for Pemex and its Gasolinas Bienestar unit, citing potential tariffs, sanctions risks, and receivables that may go uncollected.