Cuba Battles Power Outages Amid Second Grid Collapse
Cuba's government has made limited progress in restoring electricity after the national grid collapsed twice within 24 hours. While some hospitals and parts of Havana have regained power, the majority of Cuba’s 10 million people remain in darkness.
The outages, caused by deteriorating infrastructure and fuel shortages, have crippled daily life. Traffic lights are out across Havana, and long lines have formed at state-subsidized shops. Lazaro Guerra, head of Cuba’s national grid operator UNE, expressed cautious optimism. "I cannot assure you that the system will be fully restored today, but we expect significant progress," Guerra stated on national television.
Earlier reports from state media outlet *CubaDebate* mentioned a complete grid failure, though Guerra downplayed the scale, describing the issue as localized.
Fuel Shortages and Storms Aggravate the Crisis
Cuba's electrical crisis deepened due to ongoing fuel shortages and hurricanes. Strong winds from Hurricane Milton hindered fuel transport to power plants, while Hurricane Oscar threatened heavy rains in northeastern Cuba.
Cuban officials blame U.S. sanctions and the embargo for fuel scarcity, noting that key allies like Venezuela have significantly reduced their subsidized fuel shipments. Despite these challenges, some Cubans, like René Duarte from Old Havana, remain resilient, stating, "We’re used to taking things in stride because we have no choice."
The country’s power grid had previously collapsed in September 2022 following Hurricane Ian, leading to widespread protests.


Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 



