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Tiny Guyana poised for big Iran oil gains and growth strains

Crude prices have risen 30% since late February, and Exxon says Guyana could soon take a larger share of profits.

Summary by WTVB
By Sheila Dang and Kemol King HOUSTON/GEORGETOWN, May 30 (Reuters) – Guyana was already the world’s fastest growing economy before the U.S.-Israeli war on Iran drove up oil prices. Now, the tiny Caribbean nation of nearly 1 million people will reap an even bigger bonanza as the conflict reshapes global energy markets. The war that caused one of the largest energy disruptions in history highlights the growing importance of countries including Guy…

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  • 67% of the sources are Center
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WTVB broke the news on Saturday, May 30, 2026.
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