Venezuela-Guyana Oil Dispute: Military Questions FPSO Captain

Venezuela-Guyana Oil Dispute Intensifies: Venezuelan Military Questions FPSO Captain Amidst Rising Tensions. The daily OPEC oil price fluctuated between $61 and $66 per barrel from April 29th to May 30th, 2025. This period saw increased tensions between Venezuela and Guyana over the disputed Essequibo region. A news report highlighted a radio communication between the Venezuelan military and the captain of a Guyanese FPSO vessel operating in the area. The Venezuelan military's questions centered on the ship's identification, registration, and operational details. While the FPSO captain responded, no further details were provided in the news report. The incident underscores the ongoing dispute and its potential impact on oil production and regional stability. Experts warn that the situation could escalate further if diplomatic efforts fail to resolve the territorial conflict.