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Cuban Reports of Vast Oil Reserves Fail to Lure US Companies

Cuba unveiled new data Wednesday that it said confirmed there were billions of barrels of oil beneath its Gulf of Mexico waters but admitted there was little interest in new exploration, even with the thaw in U.S. relations. The United States and Cuba have vowed to restore diplomatic relations after more than 50 years of animosity, but the comprehensive U.S. trade embargo remains in place. While U.S. tourism, transportation and agriculture companies position themselves for Cuban...

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