Venezuela wants to grab territory nearly the size of Florida from neighboring Guyana, one of the world’s largest growing crude oil producers. This land, called Essequibo, makes up two-thirds of Guyana and has large reserves of gold and diamonds.
WSJ’s Kejal Vyas explains the importance of the region amid Guyana’s oil boom and the role of U.S. companies investing in the region.
0:00 Venezuela unveils new national map
0:41 Why Essequibo?
1:11 Guyana’s wealth
3:02 Venezuela’s oil situation
4:03 Venezuela voting
5:47 What’s next?
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day’s biggest stories into bite-size pieces to help you make sense of the news.
#Venezuela #Guyana #WSJ