Energy crisis
Cuba launches recovery after second nationwide blackout in a week
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Cuba has begun restoring power following a nationwide grid collapse on Saturday evening—the second total blackout in less than a week and third major outage this month—affecting around 10 million people after a major power plant in Nuevitas failed. Officials established microgrids for essential services amid chronic fuel shortages and grid unreliability.
Spain's Council of Ministers was delayed over two hours on Friday due to disagreements between PSOE and Sumar on housing measures amid the Iran war energy crisis. Pedro Sánchez negotiated directly with Yolanda Díaz to split the package into two decrees: a main one with tax cuts worth 5 billion euros and another extending rent contracts. Both take effect tomorrow, though the housing decree may fail in Congress.
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Iran targeted energy infrastructure in Qatar, Saudi Arabia, Kuwait and the UAE on March 19, 2026, in retaliation for an Israeli strike on its South Pars gas field shared with Qatar. Brent crude prices soared past $115 per barrel, with European gas prices rising over 30%, amid disruptions in the Strait of Hormuz. Leaders including US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu traded statements on coordination and future actions.