Sunday 15/February/2026 – 04:36 AM
The Cuban authorities announced the cancellation of the famous annual cigar festival, in light of a severe energy crisis that the country is going through as a result of American pressure and worsening economic conditions, according to media reports.
In a letter addressed to the participants, seen by Agence France-Presse, the organizers confirmed the postponement of the event, which was scheduled between February 24 and 27, without specifying an alternative date. Habanos SA explained that the decision came “with the aim of maintaining the highest standards of quality, excellence and experience that characterize this international event.”
The Habano Festival annually attracts cigar lovers, dealers and journalists from around the world, and includes an auction of fine cigars and cigar humidors. The auction generates millions of dollars annually, amounting to about $19.5 million last year, allocated to support the country’s health care system.
Cuban cigar exports are one of the island’s most important sources of income, while Europe represents the main market for Cuban luxury cigars, making the sector an essential pillar of the country’s faltering economy.
Imposing tariffs on countries that sell oil to Havana
These developments come in the wake of strict American decisions, as US President Donald Trump signed an executive order allowing the imposition of customs tariffs on countries that sell oil to Havana. Oil supplies to Cuba from Venezuela were also affected after the earlier ouster of President Nicolas Maduro.
The fuel shortage led to disruptions in the transportation sector, as international airlines, including Air Canada, suspended their flights to Cuba, while several governments warned their citizens against traveling to the island for fear of being stranded.
