culture
South Florida company strikes historic deal to send fuel to Cuba's private sector
By Morgan Rynor at CBS4 Miami
· June 11, 2026
· 2 min read
A Coral Gables company has struck a historic deal to send fuel to Cuba's private sector on oil tankers, marking the first time since the 1960s that the U.S. could send this much oil to the island.After more than a dozen meetings with Cuban and U.S. officials, Vanguard Energy signed a contract to lea
Key takeaway Matthew Aho, with Akerman, who helped broker the deal, said Vanguard Energy will maintain ownership and control of the fuel in the storage tanks.
Why this matters in The Miami
The historic deal between Vanguard Energy and Cuba's private sector has significant implications for Miami's business community, particularly in the Little Havana and Wynwood neighborhoods where many Cuban-American entrepreneurs have strong ties to the island. As a major hub for Latin American and Caribbean communities, Miami is likely to see increased economic activity and trade with Cuba as a result of this agreement. The deal's focus on ensuring the fuel stays out of the hands of the Cuban government also underscores the complex relationship between the US and Cuba, with Miami's Cuban-American population closely watching the developments. With Vanguard Energy awaiting the official green light from the US, the company's success will be closely monitored by other businesses in Miami, potentially paving the way for more trade and investment opportunities between the city and Cuba. This could lead to new economic opportunities for Miami's residents and businesses, particularly in the areas of trade, logistics, and finance.
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: culture ·
Published: June 11, 2026 ·
Source: CBS4 Miami ·
Reading time: 2 min
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Frequently asked about this story
What is this story about? A Coral Gables company has struck a historic deal to send fuel to Cuba's private sector on oil tankers, marking the first time since the 1960s that the U.S. could send this much oil to the island.After more than a dozen meetings with Cuban and U.S. officials, Vanguard Energy signed a contract to lea
When was this published? This article was first published on June 11, 2026 by CBS4 Miami and curated for The Miami readers.
Who reported this story? This story was reported by Morgan Rynor 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 culture coverage from The Miami, or browse our daily briefing and topic hubs .
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