Venezuela’s Shadow War Over Oil-Rich Essequibo Is Escalating ...Middle East

Economy by : (OILPRICE) -
A quiet frontier in South America is rapidly becoming one of the world’s most volatile energy flashpoints. The disputed region of Essequibo, a sparsely populated expanse administered by Guyana but claimed by Venezuela, has seen tensions simmer for years. But a combination of geopolitical ambition, economic desperation, and energy opportunity is now threatening to tip the standoff into open conflict. At stake is one of the most valuable stretches of territory in the world—an area that, until recently, few outside the region had heard…

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