Conflict between Venezuela and Guyana

Recently, tensions between Venezuela and Guyana have escalated over a territorial dispute spanning 160,000 square kilometers, including offshore regions rich in oil and gas reserves. The longstanding conflict has resurfaced, prompting concerns about regional stability.

  • The conflict centers on a 160,000-square-km border area along the Essequibo river, rich in oil and gas reserves.
  • Venezuela's recent claim resurgence follows oil discoveries off Guyana's coast, challenging the 1899 colonial border decision.
  • Guyana's newfound oil production promises economic growth, while Venezuela aims to regain control amid declining oil output.

Q3. Schomburgk Line is related to the dispute between which of ....

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