Will South America’s Latest Oil Boom Spark A Military Clash?

Since the controversial 1899 decision which set the border between Venezuela and Guyana, Caracas has repeatedly contested the ruling, claiming the 61,000 square miles west of the Essequibo river belongs to the Bolivarian Republic.That controversy has heated up in recent years with authoritarian Venezuelan President Nicolas Maduro reinvigorating the claim as a means of distracting Venezuela’s long-suffering people from the country’s economic collapse and near implosion into a failed state.In a surprising development at the Norway brokered…