I predict that nothing will come of the current Venezuelan threat to annex most of Guyana.
Of course, the reason they suddenly want to do so is that a large reserve of oil has been discovered off the Guyanese coast.
How large? At least 11 billion barrels, putting it in the top twenty producers worldwide, with the second largest reserves per capita, after Kuwait. And there may be more.
I doubt, busy as it is elsewhere, the US will let Venezuela swoop in and take that oil, any more than they let Saddam’s Iraq grab Kuwait’s oil back in the 90s. The geopolitical stakes are too high. If the US is overextended, Britain or Canada, plus the Caribbean nations, as fellow members of the Commonwealth, might, at American urging, take up the cause, or join a “coalition of the willing.” The more so since Guyana is an English -speaking democracy, and Venezuela a failing dictatorship.
Or Brazil might. The Guyanese region actually has no roads connecting it to Venezuela. The only road runs through Brazil. In order to attack Guyana in any force, Venezuela will actually first need to invade Brazil. Brazil is not likely to be too keen on that, and they are much bigger and wealthier than Venezuela. Rather, a Venezuelan incursion into Brazil would give Brazil an excuse to go in and take Venezuela itself, with its own oil, while America approved.
Brazil has already sent a contingent, if a small contingent, of troops to the border. Ensuring at least that it will come to blows.
Might the Venezuelans try instead a landing from the sea?
Perfect. Plays into the American or British strength: sea and air power.
Presumably this is all for Venezuelan domestic consumption, an attempt to rally the people behind the government by whipping up a foreign enemy. It is the sign of a government in desperation.
If Maduro is desperate and reckless enough to go through with it, I expect the result to be similar to what happened when the Argentine government tried the same trick over the Falkland Islands, or the Greek government over Cyprus. The main result will be the collapse of the Maduro regime.
Let’s hope nobody gets killed along the way.
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