- President Trump signed an executive order on May 1, 2026, imposing new sanctions on individuals and entities supporting the Cuban government and security apparatus.
- The administration has intensified pressure on Havana following the January 2026 capture of Venezuelan leader Nicolas Maduro, which cut off Cuba's primary source of subsidized oil.
- Trump has publicly floated the idea of a friendly takeover of Cuba but recently warned that it may not be a friendly takeover if the regime does not cooperate with U.S. demands.
- Secretary of State Marco Rubio is reportedly leading discussions with Cuban representatives regarding a potential off-ramp for President Miguel Diaz-Canel and the Castro family.
- A U.S.-imposed oil blockade has contributed to severe energy shortages and total power blackouts across the island nation as of mid-2026.
Trump expands sanctions on Cuba while suggesting a possible takeover of the island
May 2, 2026, 12:29:09 AM UTC(10 hours ago)
Impact: Very High
Affected Assets
Sources
From:@DeItaone
TRUMP SAYS US WILL BE TAKING OVER CUBA "ALMOST IMMEDIATELY"
