A Small Country’s Huge Windfall from the War in Iran
- Posted on September 19, 2026
- Oil (Petroleum) And Gasoline
- By The New York Times
- 1 Views
- 1 min read
Guyana's petroleum sector is experiencing unprecedented economic expansion following increased oil production, positioning the nation as a major energy player. However, rapid resource wealth is intensifying domestic challenges including corruption allegations, widening wealth disparities, and escalating diplomatic friction with neighboring Venezuela. The country faces critical decisions on managing its hydrocarbon revenues while addressing governance issues and regional tensions that could undermine long-term stability and equitable development.
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A Small Country’s Huge Windfall from the War in Iran
Oil-rich Guyana is enjoying red-hot growth. But the boom is magnifying tensions over corruption, inequality and strained ties with Venezuela. continue reading...