Venezuela pledges to honor oil commitments to Cuba despite sanctions

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Venezuela pledges to honor oil commitments to Cuba despite sanctions
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Venezuela will 'fulfill its commitments' to Cuba despite United States...

CARACAS - Venezuela will “fulfill its commitments” to Cuba despite United States sanctions targeting oil shipments from the South American country to its ideological ally, Foreign Minister Jorge Arreaza said on Monday.

Venezuela has long sent subsidized crude to Cuba. The United States describes the arrangement as an “oil-for-repression” scheme in which Havana helps socialist President Nicolas Maduro weather an economic crisis and power struggle with the opposition in exchange for fuel. Friday’s measure came after broader sanctions Washington had slapped on PDVSA in January as part of its bid to oust Maduro.

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