- Trump also praised Secretary of State Marco Rubio for “doing a fantastic job” on Cuba.
- Earlier on Thursday, Trump told Politico that after helping pick Iran’s next leader, he would help with a regime change in Cuba.
- The comments come amid U.S. and Israel’s coordinated strikes against Iran that have disrupted global energy supply and sent stock markets into a frenzy.
U.S. President Donald Trump reportedly suggested on Thursday that his administration will look into Cuba after the Iranian military operations are completed.
According to a report from CNBC, Trump said at the White House that the U.S. wants to “fix” the crisis in Cuba.
“What’s happening with Cuba is amazing,” Trump reportedly said. “We think that we want to fix — finish this one first, but that will be just a question of time before you and a lot of unbelievable people are going to be going back to Cuba, hopefully not to stay.”
The comments come amid U.S. and Israel’s coordinated strikes against Iran that have disrupted global energy supply and sent stock markets into a frenzy.
Foreign Operations
Trump’s comments on Cuba reportedly came after the president shared updates on the war in Iran, saying that the U.S. and Israeli militaries continue to “totally demolish the enemy.”
Trump also praised Secretary of State Marco Rubio for “doing a fantastic job” on Cuba. Earlier on Thursday, Trump told Politico that after helping pick Iran’s next leader, he would help with a regime change in Cuba. “Cuba’s going to fall, too,” he said.
The Cuban economy has been struggling, with fuel shortages deepening woes further after the Trump administration imposed an oil blockade on the country, after arresting the president of its key oil trading partner, Venezuela, in a military operation.
“We cut off all oil, all money, or we cut off everything coming in from Venezuela, which was the sole source. And they (Cuba) want to make a deal,” he told Politico.
Market Reaction
Meanwhile, President Trump’s military operations in Iran have sent oil prices soaring, while simultaneously weighing down on investor sentiments in the stock markets.
U.S. West Texas Intermediate (WTI) crude futures maturing in April 2026 jumped on Thursday, closing above the $80-per-barrel mark for the first time since 2024.
U.S. stock markets closed in red on Thursday after the Dow Jones Industrial Average declined nearly 800 points. The SPDR Dow Jones Industrial Average ETF Trust (DIA) closed down 1.62%, and was 0.02% lower in extended trading hours. The SPDR S&P 500 ETF (SPY), which tracks the S&P 500 index, was down 0.07% at the time of writing, while the Invesco QQQ Trust ETF (QQQ) fell 0.02% after closing 0.3% lower.
Retail sentiment around the S&P 500 ETF was in the ‘neutral’ territory at the time of writing.
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