Can private companies import crude oil into Cuba?

CUPET state monopoly. US embargo (Cuban Assets Control Regulations, 31 CFR Part 515) prohibits virtually all US-person transactions; Helms-Burton Act extends extraterritorial reach. HARD STOP for any US-touchpoint deal.

Are refined products (diesel, fuel oil, gasoline) tradeable by private importers in Cuba?

CUPET state monopoly on imports. US embargo applies. EU/UK/CA permit non-USD trade with Cuba but USD clearing through US correspondent banks creates secondary-sanctions exposure.

Does OilFlow screen counterparties against Cuba regulations?

Yes. The same rule table shown on this page ships in the Regulatory Matrix API; counterparty checks destined for Cuba are gated against these rules automatically.

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Regulatory

Cuba — oil import rules

These are the same rules the Regulatory Matrix API serves for Cuba-bound trade: which products private parties can move, which run through a government or monopoly route, and which are closed outright.

Open to private trade0

Restricted0

Blocked3

Compiled regulatory guidance from OilFlow Network, not legal advice. Rules change; confirm with the relevant national regulator before structuring a deal.

Product-by-product

Crude oilBLOCKED: Not tradeable by private partiesCUPET state monopoly. US embargo (Cuban Assets Control Regulations, 31 CFR Part 515) prohibits virtually all US-person transactions; Helms-Burton Act extends extraterritorial reach. HARD STOP for any US-touchpoint deal.
Refined products (diesel, fuel oil, gasoline, jet)BLOCKED: Not tradeable by private partiesCUPET state monopoly on imports. US embargo applies. EU/UK/CA permit non-USD trade with Cuba but USD clearing through US correspondent banks creates secondary-sanctions exposure.
LPGBLOCKED: Not tradeable by private partiesCUPET monopoly. Same US embargo constraints.

Frequently asked

Can private companies import crude oil into Cuba?: CUPET state monopoly. US embargo (Cuban Assets Control Regulations, 31 CFR Part 515) prohibits virtually all US-person transactions; Helms-Burton Act extends extraterritorial reach. HARD STOP for any US-touchpoint deal.
Are refined products (diesel, fuel oil, gasoline) tradeable by private importers in Cuba?: CUPET state monopoly on imports. US embargo applies. EU/UK/CA permit non-USD trade with Cuba but USD clearing through US correspondent banks creates secondary-sanctions exposure.
Does OilFlow screen counterparties against Cuba regulations?: Yes. The same rule table shown on this page ships in the Regulatory Matrix API; counterparty checks destined for Cuba are gated against these rules automatically.

Use this jurisdiction

These rules ship in the Regulatory Matrix API, from $99/mo. Bank compliance teams hit /api/v1/regulatory/check to gate counterparty intake automatically; subscribers get webhooks on every rule change. Screening a specific counterparty into Cuba? Run a free check first.