In this article
The Trump administration’s military intervention in Venezuela is expected to radically reshape regional risk, including when it comes to the South American country’s territorial claims over a large, resource-rich area in neighboring Guyana.
The U.S. operation on Jan. 3 to oust Venezuelan President Nicolas Maduro and his wife, Cilia Flores, sent shockwaves across the globe, with many condemning Washington’s actions as a breach of international law.
President Donald Trump has shrugged off those concerns, saying in a recent interview with the New York Times that he doesn’t “need international law” and that only his own mortality and mind can stop him.
Regionally, the fallout from the U.S. intervention is set to put Venezuela’s longstanding claims over the Essequibo territory on ice, analysts told CNBC, a development that likely prompted a collective sigh of relief from the energy majors operating there.
