Most people have never heard of Guyana. Many think it’s in Africa.

But Venezuelans know their CIA World Factbook inside and out. They’ve long claimed that its Western regions are rightfully theirs. And now that the Guyanese have struck oil, the Maduro regime want to take those areas by conquest.

The question isn’t can Venezuela - population 30m - knock over Guyana - population 790 000. With the West presently preoccupied on two other continents, it’s: who is going to stop them?  

This week the world’s biggest oil producers announced they’d be sharply cutting back on production – and the oil price fell. 

There’s something screwy going on in the market. But who exactly has the power to manipulate the world’s biggest most internationalised market?

Finally, this week in Middle East Corner, we’ve got yet another round of damaged ships.

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