But with oil exports that are growing faster than anywhere else in the world, Guyana is benefitting tremendously from chaos in the Strait of Hormuz. Since starting production in recently discovered offshore oil fields in 2019, its economy has quintupled, the fastest growth globally.
#oil #petrostate #Guyana #SouthAmerica #trade #economics #wealth
https://www.economist.com/the-americas/2026/04/05/the-south-american-petro-state-profiting-from-the-iran-war