Lloyds Adds Guyana to Risk List ...Middle East

Lloyds has added Guyana to its risk list, which also features the Red Sea and the Black Sea due to heightened military tensions. While there is no immediate threat to oil transportation around Guyana, the recent flare-up in bilateral relations with Venezuela was considered sound reason enough for the addition. The dispute between the two neighbors dates back to the late 19th century when an arbitration court gave control of a region called Essequibo to Guyana. It represents two-thirds of the country’s total territory. The dispute flared…

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