🇲🇽 🇨🇺 🇺🇸 Mexico has cancelled a shipment of oil to Cuba

The country’s president, Claudia Sheinbaum, appeared to confirm on Tuesday, but she insisted the decision was “sovereign” and not a response to pressure from the US.

Fuel shortages are causing increasingly severe blackouts in Cuba, and Mexico has been the island’s biggest oil supplier since the US blocked shipments from Venezuela last month.

The cancelled shipment comes amid reports that the Mexican government had been privately reviewing whether to keep sending oil to Cuba amid fear of reprisals from the US.

After the US captured and renditioned Nicolás Maduro from Venezuela at the start of the year, it appeared to turn its attention to Cuba, Venezuela’s longstanding ally, with Donald Trump writing in a 11 January Truth Social post: “THERE WILL BE NO MORE OIL OR MONEY GOING TO CUBA – ZERO!”

Sheinbaum sidestepped a question about whether the cancelled shipment is a one-off or could represent a more lasting suspension of oil shipments, while restating Mexico’s longstanding stance against the US blockade on Cuba.

“Cuba has been under a blockade for too many years now. And this blockade has caused supply problems on the island,” said Sheinbaum. “Mexico has always shown solidarity and Mexico will continue to show solidarity.”

The issue of oil shipments to Cuba is a fraught one for Sheinbaum, who is striving to show the Trump administration that Mexico is a partner on trade and security without alienating the left wing of her party, Morena.

https://www.theguardian.com/world/2026/jan/27/mexico-cuba-trump-oil

🇨🇳 🇺🇸 💰 China Dumps Treasuries, Stockpiles Gold as Gold Hits Record High

China is significantly reducing its holdings of US Treasuries, now at an 18-year low of $680 billion, while simultaneously amassing record gold reserves, officially reported at 2,306 tonnes.

Goldman Sachs estimates China's true gold accumulation is potentially ten times greater than reported, indicating a strategic de-risking in preparation for potential geopolitical shifts.

Minas Tirith | 24/7 News channel

JUST IN: $200,000,000,000 wiped out from the crypto market cap in the past 24 hours.

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