Cuba

Sherritt abandoned plans to dissolve its Cuban mining assets after previously announcing dissolution of the 50/50 Moa joint venture. This reversal suggests potential value recovery or strategic repositioning in Cuban nickel operations.

The U.S. has prohibited Cuba from receiving Russian oil as two tankers approach the fuel-starved island nation. This enforcement of the oil blockade represents Cuba's biggest energy crisis since the Soviet Union's collapse, highlighting geopolitical energy supply disruptions.

Cuba's president confirms ongoing talks with the U.S. but warns that any agreement will require significant time to materialize. This comes as Cuba faces a deepening economic crisis that could affect regional trade and investment patterns.