What Trump’s Venezuela intervention means for Guyana’s vast oil wealth
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Venezuela's President Maduro has escalated his aggressive rhetoric and actions regarding the contested Essequibo region, which has implications for Guyana's significant oil reserves. This territorial dispute could impact regional stability and international investment in Guyana's burgeoning oil sector. The situation remains tense as both nations navigate their claims and the potential for conflict over valuable resources.
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The Essequibo region has been a longstanding point of contention between Venezuela and Guyana, with both countries claiming sovereignty over the area. The discovery of oil reserves in Guyana has heightened the stakes, making the resolution of this dispute more urgent and complex.
This article reflects the views and opinions of the author and does not necessarily represent the views of CNBC.
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