business
Landmark fuel deal could bring U.S. oil to Cuba as island grapples with energy crisis
By CBS Miami at CBS4 Miami
· June 10, 2026
· 1 min read
A Coral Gables energy company plans to supply fuel to Cuba’s private sector and humanitarian groups under a landmark agreement that could open the door for more U.S. companies to export oil to the island amid an ongoing energy crisis.
Key takeaway companies to export oil to the island amid an ongoing energy crisis.
Why this matters in The Miami
The potential for US oil to reach Cuba has significant implications for Miami's role as a hub for trade with the island. As a major center for Latin American and Caribbean commerce, Miami could see increased economic activity if more US companies follow the Coral Gables energy company's lead. The city's port and transportation infrastructure make it an ideal location for shipping oil to Cuba, which could create new business opportunities and jobs for Miami residents. Additionally, the deal may have a positive impact on Miami's Cuban-American community, which has strong ties to the island and may benefit from increased trade and cultural exchange. As the situation unfolds, it will be worth watching how Miami's businesses and residents respond to the potential for increased trade with Cuba.
About this story
Original reporting by CBS4 Miami . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit CBS4 Miami . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: June 10, 2026 ·
Source: CBS4 Miami ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? A Coral Gables energy company plans to supply fuel to Cuba’s private sector and humanitarian groups under a landmark agreement that could open the door for more U.S. companies to export oil to the island amid an ongoing energy crisis.
When was this published? This article was first published on June 10, 2026 by CBS4 Miami and curated for The Miami readers.
Who reported this story? This story was reported by CBS Miami at CBS4 Miami. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Miami, or browse our daily briefing and topic hubs .
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