The WinePress detailed the potential for yet another war earlier this month. Guyana, which has an economy that is on the rise and relatively one of the stronger ones in the world, occupies a large oil reserve off of their northern coast. Venezuela and Guyana have been squabbling over the land rights of certain territory in Guyana called Essequibo for many years. Venezuela, another oil producing powerhouse, has been gripped with hyperinflation and social decay for many years. Therefore the country has an incentive to perhaps launch a war to regain economic stability.
The United States was quick to voice their support for Guyana, and provided some military forces to train with the Guyanans. Brazil has also provided some support to Guyana, not wanting a conflict in their backyard. SEE: WW III: Venezuela Prepares To Invade ‘Oil-Rich’ Guyana. U.S. To Conduct Military Drills With Guyana, Brazil Also Sends Troops To Defend
In response to increased tensions, the United Kingdom is not taking its chances and has dispatched naval ship HMS Trent to Guyana is a show of force. The ship has a cannon and machine guns, with a crew of 65 and a contingent of Royal Marines, and can deploy Merlin helicopters, the Financial Times reports.
British officials told the paper that the ship would anchor off the coast of Georgetown, the capitol of Guyana, and make some visits, along with providing training and joint activities with the country’s navy.
UK’s new foreign secretary, David Cameron, said in a statement the U.K. will “continue to work with partners in the region to ensure the territorial integrity of Guyana is upheld and prevent escalation.”
A Ministry of Defence spokesperson added: “HMS Trent will visit regional ally and Commonwealth partner Guyana later this month as part of a series of engagements in the region during her Atlantic patrol task deployment.”
Yván Gil, Venezuela’s foreign minister, was not at all happy and blasted on the move on X, writing:
The former invading and enslaving empire, which illegally occupied the territory of [Essequibo] and acted in an skillful and sneaky manner against the interests of Venezuela, insists on intervening in a territorial controversy that they themselves generated.
This controversy will be resolved directly between the parties … We will stop the new filibustering that seeks to destabilise the region.
However, Western forces are playing a bit of a chess match it seems to get the most out of this conflict. Though the U.S. has signaled that they stand with Guyana, the country has relaxed restrictions against Venezuela allowing for freer trade of oil to Europe.
Cyril Widdershoven for OilPrice.com wrote (in part):
The recent easing of sanctions between the United States and Venezuela, marked by pivotal legal settlements and new commercial arrangements, represents a significant turning point for the global energy industry.
These developments, particularly the resolution of disputes involving Petróleos de Venezuela S.A. (PDVSA), signal the reinvigoration of Venezuela’s oil and gas sector and hold substantial promise for energy-hungry Europe.
The settlement between PDVSA and Refineria di Kòrsou (RdK), navigated by Dentons Europe LLP – led by David Syed, head of their Sovereign Advisory practice – brings to an end a longstanding impasse that had stifled the operational potential of RdK’s refinery and oil terminal in Curaçao since 2020.
Under this settlement, PDVSA will resume the supply of crude oil to RdK and initiate discussions on long-term gas supply, enabling RdK to recommence its operations. This development is a win for PDVSA and RdK and a strategic move that reopens crucial pathways in the Caribbean energy landscape.
Furthermore, the collaboration between PDVSA and Repsol Exploración, S.A. to bolster investment in their joint venture, Petroquiriquire, S.A., heralds a new era of increased production in the Venezuelan oil and gas industry. A similar deal with ENI of Italy is imminently expected.
[…] For Europe, these developments couldn’t be timelier. The continent benefits greatly, grappling with energy supply concerns exacerbated by geopolitical tensions and a push for diversification away from reliance on Russian energy sources.Venezuela’s re-entry into the global oil and gas market as a significant player provides Europe with an alternative and potentially stable energy source. This could be instrumental in mitigating the current energy crisis and contributing to Europe’s energy security.
Venezuela’s strategic geographic location and colossal oil reserves make it an ideal candidate for European nations striving to diversify their energy sources. Venezuela boasts the world’s largest proven oil reserves, exceeding even those of Saudi Arabia.
AUTHOR COMMENTARY
Ah, so it would seem the U.S. is hedging its bet in this thing. They’ll stand with Guyana by proxy, and probably help in toppling its government while they’re at it, while at the same time easing up their restrictions to allow oil from Venezuela to flow more easily, to the benefit of the NATO allies suffering from the unmitigated disaster in Ukraine.
As noted in my initial report about this potential conflict earlier this month, Donald Trump had admitted that his administration was trying to insert a new President in Venezuela in a coup to get their oil, but failed.
Like always, it’s about the money. All wars are banker wars. War is a racket. Never forget that.
For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.
1 Timothy 6:10
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
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(Having read the Biden Escalation article): Trump and oil is like the ring and Gollum.
MY PRECIOUS