Everything You Need To Know About The Guyana-Venezuela Border Dispute ...Middle East

OILPRICE - Economy

ExxonMobil’s swathe of world-class oil discoveries in offshore Guyana, estimated to contain over 11 billion barrels of oil, has captured the world’s attention. This includes considerable scrutiny from Nicolas Maduro the autocratic president of neighboring socialist Venezuela. A longstanding and bitter territorial dispute has embroiled the two South American countries, with Caracas claiming nearly 62,000 square miles or roughly three-quarters of Guyana’s territory, including territorial waters containing the Stabroek…

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