As the US–Israel war on Iran escalates, so too does the global oil crisis. The effective closure of the Strait of Hormuz, through which roughly 20% of the world’s oil and natural gas flows, and the ...
Oil production has expanded rapidly under the consortium, and Guyana is now the world’s largest oil producer on a per capita basis. As of late 2025, Guyana was producing roughly 900,000 barrels per ...
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