
Venezuela held an election for an oil-rich region. The main problem is it belongs to Guyana
Venezuelans on Sunday for the first time elected a governor and other lawmakers for Essequibo, an oil-rich region that Venezuela has laid claim to even though it is widely recognized as being part of neighboring Guyana.
Essequibo's 125,000 inhabitants, who account for more than 15% of the English-speaking country's population, did not take part in Sunday's election.
The vote, which was widely criticized by Guyanese officials, instead saw Venezuelans pick a new governor, six deputies to the National Assembly of Venezuela, and seven to a regional legislative assembly. It is unclear how the officials, once elected, plan on running the territory, which Guyana governs.
The election is the latest provocation in a long-running territory dispute between Venezuela and Guyana.
It comes more than a year after Venezuelan President Nicolás Maduro ordered the creation of a new state within the territory, which is roughly the size of Florida, called 'Guayana Esequiba,' following a referendum that saw Venezuelan voters approving the move.
Guyana had called Venezuela's actions a step towards annexation and an 'existential' threat as the specter of armed conflict loomed over the region.
Maduro first announced in January that a vote would be held for the region as part of a larger election for governors and lawmakers across the country. 'I call for freedom of conscience for the people and for the people to elect the best for the governorships of the 24 states,' Maduro said on Telegram ahead of Sunday's election, referring to Essequibo as the nation's 24th state.
The vote has put Guyana on high alert, with its President Irfaan Ali on Saturday calling the poll 'scandalous, false, propagandistic (and) opportunistic.'
Guyana is home to vast oil reserves and is on track to become the world's highest per capita oil producer. It, however, has an army estimated to be less than 5,000 soldiers, and lacks the hardware or manpower to face possible Venezuelan aggression.
The country in the meantime has sought closer military cooperation with the United States amid the threats from Venezuela.
On Sunday, the US State Department's Bureau of Western Hemisphere Affairs called the election a 'sham' on X. 'The United States rejects all attempts by Nicolas Maduro and his illegitimate regime to undermine Guyana's territorial integrity, including this latest sham election in the Essequibo region,' it wrote.
Venezuelan Defense Minister Vladimir Padrino López pushed back against the criticism on Sunday, saying, 'We are supported by historical, legal, and moral grounds regarding that territory.'
Venezuela has claimed Essequibo as its own for decades, arguing that it was within its borders during the Spanish colonial period. It has dismissed an 1899 ruling by international arbitrators that set the current boundaries when Guyana was still a British colony.
Guyana has controlled the region since gaining independence in 1966. The recent discovery of vast offshore oil fields in the area has heightened the stakes in the dispute.
In 2018, Guyana filed an application with the International Court of Justice to try to validate the 1899 decision. The case is still under review. Pending a final decision, the court ordered earlier this month that Venezuela refrain from holding elections in the territory. But Caracas has rejected the court's jurisdiction over the matter.
On Saturday, the night before Venezuela's election and two days ahead of Guyana's Independence Day, Guyanese officials held a National Patriotic Concert in Essequibo to affirm their sovereignty over the land.
The event drew thousands of people who were seen waving the Guyanese flag and wearing shirts that read: 'Essequibo is Guyana's.'
'Essequibo belongs to Guyana and we are going to do everything to ensure that Essequibo will forever be part of our 83,000 square miles,' President Ali told crowds of cheering supporters.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
34 minutes ago
- Bloomberg
Why It's So Hard for Apple to Move Production From China to India
President Trump wants Apple to make iPhones in America. The company itself has talked about — and to some extent already has been — moving more of its production to other countries, like India. But in reality, Apple remains deeply, deeply enmeshed in the Chinese supply chain. In fact, the rise of Apple, and the iPhone specifically, is the ultimate example of the link between the American and Chinese economies. And while this has been fruitful for shareholders all around the world, and contributed greatly to Chinese economic development, this relationship is also now perceived to be a huge source of geopolitical vulnerability for the United States. On this episode, we speak with Patrick McGee, a reporter at the Financial Times and the author of the new book Apple In China: The Capture of the World's Greatest Company. He talks to us about how Apple discovered the opportunity of doing more manufacturing in China, and how close the company has become with Chinese political leadership. We walk through both the politics and the economics that makes it almost impossible to imagine the company building its products anywhere else at significant scale.
Yahoo
an hour ago
- Yahoo
Oil Advances as OPEC+ Supply Boost Vies With Geopolitical Risk
(Bloomberg) -- Oil advanced as OPEC+ hiked production less than some had feared and geopolitical concerns flared over Ukraine and Iran. Billionaire Steve Cohen Wants NY to Expand Taxpayer-Backed Ferry Where the Wild Children's Museums Are The Economic Benefits of Paying Workers to Move Now With Colorful Blocks, Tirana's Pyramid Represents a Changing Albania NYC Congestion Toll Brings In $216 Million in First Four Months Brent crude for August rose toward $65 a barrel after losing 2.2% last week, while West Texas Intermediate was above $62. The Organization of the Petroleum Exporting Countries and its allies agreed on Saturday to add 411,000 barrels a day of supply in July, matching expectations, but defying reports late last week that the group was considering an even bigger volume. Meanwhile, Ukraine struck air bases deep in Russia and Iran criticized a report showing its growing stockpiles of enriched uranium, in escalations that reduce the chance of more supply from the sanctioned OPEC+ members entering the market. Trade frictions also remained in focus, after President Donald Trump said he would be increasing tariffs on steel and aluminum. Monday's move higher comes after a turbulent two months that saw prices tumble to a four-year low in the wake of Trump's tariff wars, before recuperating some of those losses. Crude remains almost 15% lower this year, pressured by the simmering trade conflicts and the abandoning by OPEC+ of its former strategy of defending higher prices by curbing output. OPEC+ officials said the quota boost reflected Saudi Arabia's desire to punish over-producing members such as Kazakhstan and Iraq. Some members — including Russia, Algeria and Oman — had wanted a pause. The group next meets on July 6 to discuss output levels for August. 'Brent should be well supported in the middle of our expected $60-$65 summer range until we get a better understanding of how quickly actual OPEC production is rising,' said Robert Rennie, head of commodity and carbon research at Westpac Banking Corp. in Sydney. 'We may be seeing signs that the pace of increase could slow in the coming months' as some members had wanted a lull in the quota hikes. YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Millions of Americans Are Obsessed With This Japanese Barbecue Sauce Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back? Will Small Business Owners Knock Down Trump's Mighty Tariffs? Trump Considers Deporting Migrants to Rwanda After the UK Decides Not To ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
Poland Elects Conservative With Ties to Trump as President
Karol Nawrocki, a historian who has flaunted his ties with the U.S. president, has promised to block a Ukrainian accession to NATO.