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RE: LeoThread 2025-03-17 17:04

in LeoFinance4 days ago

Part 5/10:

The ensuing crisis saw Venezuela stepping in as the main supplier of oil for Cuba; however, Venezuela itself is now facing significant issues under President Nicolás Maduro, leading to reduced oil exports. Cuba’s power stations, built on an outdated model relying on oil, are struggling to function, leaving the country with only about 40% of its electricity needs met domestically. The demand for electricity exceeds supply, creating a critical shortfall that authorities have failed to adequately address.

A Decree for Renewables Amid Crisis