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Oil freight from Mexico en path to Cuba amid power crisis, data shows

A tanker bring about 400,000 barrels of oil left from Mexico's Pajaritos port and on Monday was on its method to Cuba, where a severe energy crisis has left the island having a hard time to keep the lights on, shipping information revealed.

Cuba kept schools closed and non-essential workers home last week as the Caribbean island nation struggled to recuperate from the collapse of its power grid and a hurricane in current days.

The Cuba-flagged tanker Vilma, which is anticipated to get here in Cuba later on today according to information from monetary company LSEG, has actually exclusively been covering Mexico-Cuba routes this year.

Mexico has actually been providing Cuba with crude and fuel because in 2015, with volumes up until now this year going beyond those exported in 2023. A previous oil cargo was sent in mid-September by Mexico to Cuba's Cienfuegos port, the LSEG data showed.

The passage of Hurricane Oscar has actually made complex the recovery of Cuba's already precarious electrical grid. The island supported its electrical service last week, but warned that failures would continue.

Cuba's outdated power plants reached crisis point this year as oil imports from Venezuela, Russia and Mexico decreased, culminating in a grid collapse this month.

(source: Reuters)