IBOV 185,571.47 ▼ 0.96% IPSA 11,334.23 ▼ 0.70% IPC MEX 65,073.88 ▲ 0.01% MERVAL 3,066,324 ▼ 0.31% COLCAP 2,578.60 ▲ 0.36% BVL PERÚ 60,246.14 ▲ 0.52% USD/BRL5.10▲ 0.30% USD/MXN16.89▼ 0.14% USD/CLP926.93▲ 0.18% USD/COP3,104▼ 0.71% USD/PEN3.35▼ 0.04% USD/ARS1,514▲ 0.12% USD/UYU40.22▲ 3.03% USD/PYG5,869▲ 1.64% USD/BOB12.58▲ 3.76% USD/DOP58.60▲ 2.09% USD/CRC448.95▲ 2.03% USD/GTQ7.63▲ 3.05% USD/HNL26.84▲ 3.17% USD/NIO36.62▲ 2.65% USD/VES818.05▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.70▲ 1.87% EUR/BRL5.94▼ 0.33% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,571.47 ▼ 0.96% IPSA 11,334.23 ▼ 0.70% IPC MEX 65,073.88 ▲ 0.01% MERVAL 3,066,324 ▼ 0.31% COLCAP 2,578.60 ▲ 0.36% BVL PERÚ 60,246.14 ▲ 0.52% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Latin America Defense Monitor

U.S. Navy Looms as Venezuela Nears Guyana’s Oilfields

By · March 28, 2025 · 2 min read

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U.S. Secretary of State Marco Rubio cautions Venezuela against attacking Guyana, speaking from Georgetown on March 28, 2025.

He highlights the U.S. Navy’s reach, promising severe consequences after a Venezuelan patrol vessel recently entered Guyanese waters near ExxonMobil’s operations.

The oil giant drives Guyana’s rise, producing 650,000 barrels daily, with plans to hit 1.3 million by decade’s end. Venezuela’s Nicolás Maduro revives a 126-year-old border dispute over Essequibo, a region holding Guyana’s 11-billion-barrel oil reserves.

Settled in 1899 by arbitration, Maduro pushes the claim to rally support amid Venezuela’s economic ruin, where oil output lags at 900,000 barrels daily. His navy outmatches Guyana’s modest forces, escalating fears of conflict.

Rubio stresses U.S. support during his Guyana visit, signing a security deal to boost military ties. The U.S. cruiser Normandy joins Guyana’s forces for exercises, signaling readiness to counter threats.

U.S. Navy Looms as Venezuela Nears Guyana’s Oilfields
U.S. Navy Looms as Venezuela Nears Guyana’s Oilfields.
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Guyana-Venezuela Standoff

Meanwhile, Guyana’s President Irfaan Ali secures backing from the U.K. and France, leveraging oil wealth to strengthen global alliances. Tensions flare after Venezuela’s March 1 incursion near ExxonMobil’s Stabroek Block site, prompting Rubio’s sharp rebuke.

Maduro dismisses the warning, branding Rubio an “imbecile” and accusing Guyana of provoking unrest. Yet, Venezuela’s crippled oil sector contrasts with Guyana’s ascent, fueled by ExxonMobil, Hess, and China’s CNOOC.

Rubio also visits Suriname, encouraging its offshore oil push near Guyana’s fields, eyeing regional energy growth. The U.S. aims to curb China’s influence, visible in Guyana’s new infrastructure, while securing Western Hemisphere oil stakes.

ExxonMobil’s role amplifies the dispute’s global weight, pitting Venezuela’s ambitions against Guyana’s boom. Guyana transforms from poverty to power since ExxonMobil’s 2015 discovery, dwarfing Venezuela’s faded oil glory.

Maduro’s threats, backed by a 2023 referendum, clash with Guyana’s international shield. Rubio warns that aggression “would not end well” for Caracas, hinting at U.S. intervention.

This standoff blends oil, geopolitics, and military might, centered on Essequibo’s riches. Guyana’s rise challenges Venezuela’s decline, drawing world attention to a border once forgotten. The U.S. stands firm, watching a region where energy shifts reshape nations.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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