Cuba has approved a sweeping package of 176 reforms designed to open its oil and gas sector to private and foreign capital, a significant policy shift aimed at addressing the island's deepening energy crisis.
The move signals a potential pivot in the Caribbean's largest economy, which has struggled with chronic power shortages and declining domestic production for years.
The Dominican Republic reported record foreign direct investment (FDI) inflows of US$3.
By inviting external investment, Havana is attempting to unlock dormant reserves and modernize its energy infrastructure without relying solely on state funding.
The policy change arrives as neighboring markets show robust investor appetite.
The Dominican Republic reported record foreign direct investment (FDI) inflows of US$3.28 billion in the first half of 2026, marking a 7.7% increase from the same period last year.
This surge in capital highlights a broader trend of foreign interest in the Caribbean region, even as political and economic conditions vary significantly between nations.